Showing posts from December, 2021

Why is being data Savvy not the right goal?

It is suggested that all which glitters is gold when it comes to data: the more data, the better. I have challenged this thinking that more data is better on numerous occasions, and essentially they all come to the same point. Data volume does not lead to better decisions.    A “simplistic” graph is doing the rounds (again) and is copied below. The two-axis links the quality of a decision and the person's capability with data.  It infers that boards, executives and senior leadership need to be “data-savvy” if they are to make better decisions. Data Savvy is a position between being “data-naive or data-devoid” and “drunk on data.”  The former has no data or skills; the latter is too much data or cannot use the tools. Data Savvy means you are skilled with the correct data and the right tools. This thinking is driven by those trying to sell data training by simplifying a concept to such a point its becomes meaningless but is easy to sell/ buy and looks great as a visual.  When you do

"Hard & Fast" Vs "Late & Slow"

The title might sound like a movie but this article is about unpacking decision making. We need leaders to be confident in their decisions so we can hold them accountable. We desire leaders to lead, wanting them to be early. They achieve this by listening to the signals and reacting before is is obvious to the casual observer. However, those in leadership who we hold accountable do not want to make the “wrong” decisions. A wrong decision can mean liability, loss of reputation or perceived to be too risky. A long senior leadership career requires navigating a careful path between not takingtoo much risk by going too “early”, which leads to failure, and not being late such that anyone could have made the decision earlier and looking incompetent. Easy leadership does not look like leadership as it finds a path of not being early or late (the majority) When we unpack leadership trends over the past 100 years that include ideas such as improving margin, diversification, reduction, spee