Principle 7: Factual approach to decision making

Effective decisions are based on the analysis of data and information

Key benefits:

• Informed decisions.
• An increased ability to demonstrate the effectiveness of past decisions through reference to factual records.
• Increased ability to review, challenge and change opinions and decisions.

Applying the principle of factual approach to decision making typically leads to:

• Ensuring that data and information are sufficiently accurate and reliable.
• Making data accessible to those who need it.
• Analysing data and information using valid methods.
• Making decisions and taking action based on factual analysis, balanced with experience and intuition.

• Principle 8: Mutually beneficial supplier relationships