The Power of Decision Analysis

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Decision-making is an art, of course. It's also a science. And we should try to get ourselves better at it if we want to have better, more effective lives as fans of decision analysis and those kinds of disciplines like to say your whole life boils down to two things. The quality of your decisions and look, you only have control over one of them. Right now, we certainly don't. So nurturing talent is what this must be about at least now.

Some would say that, given the breadth and depth of data that is available to businesses these days, a surefire path to business value is to load up a department with smart data scientists, task them with developing a solid machine learning strategy, and then execute that strategy. The people who've said that might take issue with this episode. Cassie Kozyrkov joined the show to discuss decision-making: what it is, how we often frame decisions too narrowly, and the different roles data can play to support the process. And much, much more! For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.