Evidence-based management entails managerial decisions and organizational practices informed by the best available scientific evidence. (EBM)
Five Principles of EBM
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Face the hard facts, and build a culture in which people are encouraged to tell the truth, even if it is unpleasant
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Be committed to "fact based" decision making -- which means being committed to getting the best evidence and using it to guide actions
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Treat your organization as an unfinished prototype -- encourage experimentation and learning by doing
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Look for the risks and drawbacks in what people recommend -- even the best medicine has side effects
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Avoid basing decisions on untested but strongly held beliefs, what you have done in the past, or on uncritical "benchmarking" of what winners do
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