When does the myth that “more data leads to better decisions” fail?

Businesses often believe that collecting more data automatically improves decisions, but without context, analysis, and clarity, more data = more confusion.
Problems with Data Overload:
Analysis Paralysis: Too much data delays decision-making.
Low Quality: Quantity doesn’t compensate for inaccurate or outdated data.
No Action: Data without action is useless.
What’s Needed Instead:
Relevant, Real-Time, Reliable Data
Focused KPIs and visual dashboards
Data-driven culture that emphasizes interpretation over accumulation
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