The significance of evidence-based decisions lies in their ability to enhance decision-making quality. In an ever-changing business environment, relying on solid evidence can help leaders:
1. Reduce Bias: Minimize personal biases that can cloud judgment. 2. Improve Accuracy: Increase the precision of decisions by basing them on reliable data. 3. Enhance Accountability: Provide a transparent basis for decisions, making it easier to justify actions to stakeholders. 4. Boost Performance: Make strategic moves that are more likely to succeed.