Question: Evidence-based management focuses on bringing _____ to the decision process
1. control
2. systems
3. assurance
4. rationality
Answer: 4. rationality
Human side is also important as often there are various rational decisions are not possible. This method means the use of best available knowledge, data, and analytical tools to operate instead of solely obtaining one’s own personal opinions, and unconfirmed arguments. Evidence-based management is one of the management approaches which is data-driven and are based on facts and realities, as well as logical analysis, to make the decision formulated rationally and systematically. Data-driven approach allows for a more objective perspective, prevents biases, and leads for more educated decisions that will ultimately help achieve the organization goals and constraints . Rational decision-making is an important element of management that assists executives in making smarter, evidence-based, and impactful decisions, which in order enhance organizational performances.
Leave a Reply