Decision quality, problem solving, and data science

Decisions drive vision, strategy, execution, evaluation, problem-solving, performance, and continuous improvement.1 A decision is an irrevocable commitment of time and resources. Every decision has an opportunity cost—the loss benefit of the better option not chosen or not considered (see Decision competent managers use and leverage data, information, and knowledge management systems to improve decision quality, problem-solving, and performance improvement. Driven by decision makers’ priorities and questions, data scientists transform data into information and actionable knowledge to inform, influence, or optimize decision making;2 and implementation scientists translate evidence into practice.