How do decisions about your town’s future get made? Do government officials and volunteer leaders rely on what they already know, or do they rely on data generated by outside experts? Or might it be both? By Paula Jensen Intuitive decision making is based on gut feelings, past experiences, and personal judgment. It involves using […]
Should Small-business Owners Trust Their Judgment?
How often aren’t we told to “trust our gut?” You see this comment made often for people starting a small business or when small-business owners need to make an important decision. Yet a recent article from Entrepreneur challenged this and indicated that this idea may be a myth. So who do you believe? Which view […]
Using Big Data in Your Small Businesses
“Big data” and “mining big data” are terms that are appearing in business magazines and journals at lot these days. Yet small-business owners often are not sure if and how big data fits into their business. Nor do they know where to get it and how to analyze it, even if they would have it. […]
Good Decisions = Strong Businesses
People going into business want to be successful. Lots of tips about success can be found online and in writing. Yet one tip is consistently seen and offers a great track record – Make good decisions, and do it consistently. It may seem obvious that successful business owners are good decision makers. In reality, […]