Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    How a Specialized Marketing VA Improves Campaign Analytics
    How a Specialized Marketing VA Improves Campaign Analytics
    11 Min Read
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    6 Min Read
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Thinking different with decision analysis
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Thinking different with decision analysis
Business Intelligence

Thinking different with decision analysis

TedCuzzillo
TedCuzzillo
4 Min Read
SHARE

When Wayne Eckerson foresees a trend, it’s news even if others might have already foreseen it. He’s the director of TDWI Research and one of the industry’s most thoughtful observers, and one of the most deliberate.

In this morning’s blog post, he suggests improving BI by enlisting those who study how people make decisions.

To take BI to the next level, we need better insights into human behavior and perception. In other words, it’s time to recruit psychologists onto our BI teams.

He gave an example of one place that could have benefited from visits to the shrink’s couch.

A recent article in the Boston Globe called “Think Different, CIA” provides some instructive lessons for companies using BI tools to make decisions. The article describes a phenomenon that psychologists call “premature cognitive closure” to explain how humans in general, and intelligence analysts in particular, can get trapped by false assumptions, which can lead to massive intelligence failures. It turns out that humans over the course of eons have become great at filtering lots of data quickly to make sense of a situation. Unfortunately, those filters often blind us to additional …

More Read

What’s that tool? It’s a MacGuffin, sir. Writing a novel about BI.
New Podcast About Decision Management Systems
How Google Analytics Shows Me Who Visits My Blog (and Why It’s Important)
Watch the Replay: Putting Customer Value to Work – What Predictive Analytics Can Do for Your Bottom Line
Goals and Metrics – Measuring Customer Engagement on the Web

When Wayne Eckerson foresees a trend, it’s news even if others might have already foreseen it. He’s the director of TDWI Research and one of the industry’s most thoughtful observers, and one of the most deliberate.

In this morning’s blog post, he suggests improving BI by enlisting those who study how people make decisions.

To take BI to the next level, we need better insights into human behavior and perception. In other words, it’s time to recruit psychologists onto our BI teams.

He gave an example of one place that could have benefited from visits to the shrink’s couch.

A recent article in the Boston Globe called “Think Different, CIA” provides some instructive lessons for companies using BI tools to make decisions. The article describes a phenomenon that psychologists call “premature cognitive closure” to explain how humans in general, and intelligence analysts in particular, can get trapped by false assumptions, which can lead to massive intelligence failures. It turns out that humans over the course of eons have become great at filtering lots of data quickly to make sense of a situation. Unfortunately, those filters often blind us to additional evidence — or its absence — that would disprove our initial judgment or “theory.” In other words, humans rush to judgment and are blinded by biases. Of course, we all know this, but rarely do organizations implement policies and procedures to safeguard against such behaviors and prevent people from making poor decisions.

See his full post here.

Be sure to see the comments, too. He writes in reply to questions, “Like data governance, we need some principles for approaching and managing decisions. Maybe we should start a decision governance institute!?”

I can’t help notice: an institute.

See “CIA’s insights on the psychology of analysis” on Datadoodle.


Link to original post

TAGGED:business intelligencedecision management
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

How a Specialized Marketing VA Improves Campaign Analytics
How a Specialized Marketing VA Improves Campaign Analytics
Analytics Exclusive
ai marketing tools
The 9 AI Tools Marketers Use to Create Images and Video in 2026
Artificial Intelligence Exclusive
ai chatbot
How AI Website Chatbots Improve Customer Support and Lead Generation
Chatbots Exclusive
Why Every Small Business Should Care About an AI Image Generator
Why Every Small Business Should Care About an AI Image Generator
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

MicroStrategy Raises the Ante on Mobile, Social and Cloud Innovation

8 Min Read
image fx (60)
Big DataBusiness IntelligenceExclusive

How Finance & BI Teams Choose Accounting Software

10 Min Read

The Importance of Scope In Data Quality Efforts

4 Min Read
Financial Trading
Big DataBusiness Intelligence

The Impact of Big Data and Business Intelligence on Financial Trading Market

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?