| This research provides information on the use of statistical thinking and applications for innovation and decision making process improvement in industry and business. Statistics are concerned with the collection, organization, analysis, interpretation, and presentation of data that can assist organizations in implementing a continuous improvement philosophy. Innovation involves changing the way under which organizations operate to improve quality, efficiency, the nature of a product or a process. Incremental changes in thinking can help organizations in the context of issues, problems, or process improvements being addressed. Statistical thinking and methods clarify issues and stimulate insight, therefore enhancing innovation and decision making processes. Statistics' abilities to clarify the purpose of an innovation help organizations improve their bottom line. The focus of this study is to analyze how statistical thinking facilitates innovation and the decision-making process for organizations to stay competitive in the global market. |
