Technology Data Analytics Insights

Data-Driven Decision Making: Where It Wins and Where It Lies

Published by When Notes Fly

https://whennotesfly.com/technology/data-analytics-insights/data-driven-decision-making-explained

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  1. 29 July 2026 · corrected by Emir Baycan

    Corrected three citation errors: a real MIT study (Brynjolfsson, Hitt, and Kim 2011, Strength in Numbers) was misattributed to a different, unrelated 2016 Brynjolfsson and McElheran paper in two places, and separately misattributed to Harvard in a summary list; also corrected a McKinsey customer-retention multiplier from 6x to the real figure of 9x.

    Before

    Reference list and in-body text cited Brynjolfsson and McElheran 2016 for the 179-firm, 5-6 percent productivity finding, which actually comes from Brynjolfsson, Hitt, and Kim 2011; a separate summary attributed the same finding to a nonexistent Harvard study; McKinsey customer-retention figure was stated as 6x.

    After

    Corrected the citation to Brynjolfsson, Hitt, and Kim 2011, Strength in Numbers, in both the reference list and body text; corrected the summary attribution from Harvard to MIT; corrected the McKinsey retention multiplier to the real figure of 9x.

    Why: Verified each named-study claim against the real research literature; the underlying figures were accurate but attached to the wrong paper or institution in three places, and one number had been altered.

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Full contribution timeline

  1. Correction 29 July 2026

    Emir Baycan: Corrected three citation errors: a real MIT study (Brynjolfsson, Hitt, and Kim 2011, Strength in Numbers) was misattributed to a different, unrelated 2016 Brynjolfsson and McElheran paper in two places, and separately misattributed to Harvard in a summary list; also corrected a McKinsey customer-retention multiplier from 6x to the real figure of 9x.

    Proof record →