Managing Analysis Paralysis
Gertrude Stein was once quoted as saying, “Everybody gets so much information all day long that they lose their common sense.”14 This was written in 1946, but it applies just as much today as it did back then. I can only imagine what Gertrude Stein would be thinking in this day and age of constant data and information bombardment.
When you have a couple of charts to share in a presentation, it is definitely consumable by the audience. But if you try to capture and analyze all of the new data you acquire each day, you might experience what is known as “analysis paralysis.”
Simply put, “analysis paralysis” occurs when you have so many results to consider that you don’t really know where to begin. This is not an envious place to be. In one of my roles, I was monitoring over 100,000 attributes every day. I wasn’t looking at charts and distributions of every attribute every day, as this would have...