Learning well with data
In agile marketing moving fast is not an excuse for making mistakes. We need to move with speed but also to make high-quality decisions. And yet with so much data available to marketers it has potentially never been easier to make missteps and oversights without realizing it. Our judgements and decisions can be prone to systematic bias and heuristics that can so easily lead to poor decision-making. It’s really important therefore for marketers to be aware of common biases and to take steps to ensure that they are avoiding needless mistakes.
In his renowned book Thinking, Fast and Slow,1 psychologist and behavioural economist Daniel Kahneman famously described two subsystems for our thinking. System 1 thinking is more ...
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