The industrial sector is an important pillar of the French, German and Swiss economy. Every year the Industry Day Southwest provides a great opportunity for industrial companies from the Baden-Württemberg region and across the German border from France and Switzerland to strengthen business relationships and learn from each other. We will be participating at the 10. Industry Day Southwest at the Karlsruhe Trade Fair Centre on July 12th. Our main focus will be to introduce Evidence-based Management as means for managers and professionals to move from speculation to impact and develop their companies to the next performance level.
High quality knowledge is one of the most important assets for managers and professionals nowadays. You and your organization can only be successful when decisions are taken based on a wide range of evidence, including the most recent insights from research and science. This approach is called Evidence-based Management (EBM or EBMgt) and has its origin in the healthcare sector which started some time ago with taking decisions by drawing on evidence rather than opinion. However, when you start to gather information to solve a business problem from outside your organization you'll mostly rely on two different sources.
Evidence-based management (also known as EBM or EMBgt) is a management approach that involves using multiple sources of scientific evidence and empirical results as a means of attaining knowledge (Barends, Rousseau, & Briner, 2014). To be an evidence-based manager is to use the scientific literature as a means of answering questions, inspiring strategy decisions, and forming long-term plans. Published academic research from the fields of psychology, behavioral economics, communications, and even sociology can help to inform the decisions of a well-informed evidence-based manager. An evidence-based manager carefully considers the body of evidence, evaluating research for its quality and relevance.