The document discusses how data and statistics can provide important insights if analyzed properly. It notes that preconceived ideas can prevent people from seeing what the data actually shows. It also recommends using tools like Gapminder to better link data to design and findings ways to make more data searchable and accessible to inform decision making and performance management for managers.
6. If we don’t look into the
data, we underestimate
the tremendous change
in Asia.
7.
8. What we could find from the
graph?
• There is no gap between rich and poor .
• If we look where the income ends up, this is
100% world’s annual income.
9. Why we are not using the data we
have?
Because data is hidden down in the
data bases
14. Performance Management
A manager collects data
about employee
productivity. He must
analyze data to find ways in
which an employee should
improve to achieve
maximum productivity.
15. Decision Making
Statistics provide
managers with more
confidence in dealing with
uncertainty in spite of the
flood of available data,
enabling managers to
more quickly make
smarter decisions