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Wednesday February 8th 2012

Data mart vrs Evidenced-based management

Data mart approach and Evidenced-based management approaches have striking similarities as follows;

data mart approach’s focus on a particular subject or department to help management make strategic decision about their business is similar to Evidenced based Management’s approach’s defining the objective and information needs, based on that collecting data and analyzing and turning that data into insights and presenting that into insights.

Instead of focusing on collecting everything that is easily measured and counted, organization’s need to be more systematic and selective about the information they are gathering.[1]

Source:

1- Moving from data to insights by Bernard Marr – Management by Certified Management Accounting Canada -June/July 2009.

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