Insights for decision-making: F1 Lessons Ep 7
In this latest episode I talk about the 'I' of the RAPID model, for 'Insights'
I start with my definitions of the terms 'Data', 'Information' and 'Insights' and how they compare to each other:
- Data = the What. The raw facts and figures that describe a situation
- Information = the So What. Data that has been analysed and/or manipulated in some way in order to add more value
- Insights = the What Now. Data and Information that are brought together and presented in such a way that supports people to make a decision
Reach out to me to discuss this further, and/or see how I can add value to you via www.paulteasdale.co.uk