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Evidence-Based ManagementKnowledge Center |
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What is Evidence-Based Management? Meaning.Evidence-Based Management is a philosophy towards managing organizations that emphasizes the importance of the conscientious, explicit and judicious use of current best evidence in decision-making. The term was coined by Jeffrey Pfeffer and Robert I. Sutton in an HBR article of Jan 2006. The authors rightly warn for 6 bad practices in decision-making:
Instead of the above, Pfeffer and Sutton recommend to:
Compare with: Business Intelligence | Benchmarking | Performance Management | Value Based Management | Activity Based Costing |
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