Optimizing Data-to-Learning-to-Action: The Modern Approach to Continuous Performance Improvement for Businesses

© Steven Flinn 2018

Steven FlinnOptimizing Data-to-Learning-to-Actionhttps://doi.org/10.1007/978-1-4842-3531-7_5

5. Reversing the Flow: Decision-to-Data

Steven Flinn¹ 

(1)

Brenham, TX, Brenham, Texas, USA

 

As we have seen, learning can be thought of as flowing along the data-to-learning-to-action process in the sense that uncertainties that are ultimately embodied, implicitly or explicitly, as probabilities are continuously adjusted as the process moves forward. It is clear, then, why learning is the key to business performance, since learning is the process for becoming increasingly effective at predicting by reducing uncertainty, and everything that really matters from a business-performance standpoint revolves around better actionable predicting. ...