Claudio Truzzi, Université libre de Bruxelles, Technology Transfer Professional – Digital Innovation
“When faced with complex situations or large amounts
of data, people often filter information through biases
that prevent them from deriving the most business
value from that data.”
In today’s data-driven business process environment, achieving desired outcomes depends on the ability to process data, derive insights from that data, and take the right actions and decisions based on those insights. This affects the way people manage processes, and it can significantly affect
project outcomes.
For example, projects often take longer than originally planned because people underestimate the time it takes to do things. The reason they underestimate time is because many interruptions occur in the course of a complex project or business process. Some of these interruptions may be unexpected
developments in the project; others may be incidental. The fact is, however, that people are not good at multitasking.
People also have limited ability to evaluate and act on business processes and project data. When faced with complex situations or large amounts of data, people often filter information through biases that prevent them from deriving the most business value from that data.
This is an excerpt from 7 Experts on Improving Enterprise Agility to Create a Competitive Edge. The eBook was generously sponsored by Sharktower.
