How analytical is your organization?

Our reader poll today asks: How analytical is your organization?

– Highly — we analyze everything sometimes at the cost of action: 42.71%
– Very — we balance analysis with judgment: 27.62%
– Somewhat — we do some analysis but act quickly: 19.44%
– Not at all — little analysis, mostly action: 10.23%

Analysis Paralysis. Doing more analysis is often a stalling tactic to avoid making a decision. There’s a limit on how much data you can gather to predict the future. Your ability to make decisions based on good data is also a function of how strong your organization’s analytics program is. If you’ve created a solid analytics team, the likelihood of making faster decisions with better data goes up significantly. So try to build a solid analytics program and once you’ve gathered sufficient data, make your decision and move on with life.

Do you agree with these poll results? Let us know in the comments below!

– Mike Figliuolo at thoughtLEADERS, LLC

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These results were originally a SmartPulse poll in SmartBrief on Leadership which tracks feedback from more than 190,000 business leaders. Get smarter on leadership and sign up for the SmartBrief on Leadership e-newsletter.