Evidence Based Decision Making

Evidence Based Decision Making -> Evidence Based Management

Evidence-based management is an emerging movement to explicitly use the current, best evidence in management decision-making. Its roots are in evidence-based medicine, a quality movement to apply the scientific method to medical practice.

Principles of Evidence-Based Management

  1. Face the hard facts, and build a culture in which people are encouraged to tell the truth, even if it is unpleasant.
  2. Be committed to "fact based" decision making — which means being committed to getting the best evidence and using it to guide actions.
  3. Treat your organization as an unfinished prototype — encourage experimentation and learning by doing.
  4. Look for the risks and drawbacks in what people recommend — even the best medicine has side effects.
  5. Avoid basing decisions on untested but strongly held beliefs, what you have done in the past, or on uncritical "benchmarking" of what winners do.

Management Facts

(Don't believe them unless there is a link to a study)

  • Performance based bonuses are ineffective (1) (2)
  • Stable membership is a hallmark of effective work teams (3)

Related Pages

External Links & References

  1. Wikipedia
  2. New York Times
  3. evidence-basedmanagement.com
  4. Google’s Quest to Build a Better Boss
  5. The CIO's Golden Rule of Management
  6. Tools for Evidence Based Decision Making
  7. Google Search
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