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Never before have business leaders had so little time to make decisions.
Unfortunately, leaders are also judged even defined by the ability to make the right call under pressure.
But if you dont have the time to think, how can you make good decisions?
SVP for EMEA at Confluent.
The risky business of gut-feel
For many, the answer is to go with your gut.
The majority make snap decisions.
It also indicates a lack of technological maturity within abusiness.
In some cases, instinct and experience can be enough.
And in a business environment that evolves faster than ever before, theres always something new to consider.
Ultimately, gut feel is only part of the picture.
The other part is evidence; beliefs should not replaceanalyticsbut refer to them for context.
Demand for data-led decisions
Decision-makers make that sentiment clear.
Business leaders need data and insights available at their fingertips.
Theres a desire and intent to make things better to meet the demands of fast-paced businesses.
In many organizations, data cant move through their systems in sufficient time to deliver real-time insights.
The siloing of that data between differentapps, departments, andcloud providers can make things even harder.
Swim with the stream
Consequently, many business leaders are looking to data streaming platforms.
The numbers here are striking.
Its no surprise, with the early adopters who are already walking the walk seeing considerable benefits.
Thats because data isnt just an IT problem.
The more accurate and in-the-moment that data is, the more value it can bring.
The same is true of our leaders.
Data-powered decisions will come to define great leaders.
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The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.
