Data is the only mythbuster

I have been buying #Bata shoes forever I can remember. To me Bata makes amazing shoes. I always saw Bata as a premium shoemaker.

And then I read their annual report recently. And my #beliefs evaporated faster than aromatic oils.

The average realisation per pair of shoes is ONLY Rs 620 in FY 20.

Far lower than I had imagined. Imagination without data.... This has been a huge learning for me. The one who 'believes' that 'he' is data driven

We need to validate our own 'beliefs' with 'data'.

A new learning everyday.

#bata #validation #datadriven #mindmaze #indianmaze

202-1-20

Comments

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