Evidence-based medicine, defined by Dr. David Sackett, emphasizes the importance of utilizing current best evidence in patient care; however, only 15% of medical decisions reflect this.
In management, a similar challenge exists where decisions are frequently made without current evidence, favoring outdated practices or personal experiences, resulting in less effective outcomes.
Relying on personal experience over empirical research leads to less informed decision-making in both medicine and management, highlighting a pervasive need for a cultural shift.
Benchmarking against top performers, without understanding the reasoning behind their success, often results in failures, as seen in the numerous unsuccessful ride-sharing apps that mimicked Uber.
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