CEOs and business leaders spend a lot of time and energy working to hunt down important data and make the right decisions to grow the business based on what they find. The hunt requires time, skill, effort, and consistency. Often teams of people are involved whose whole job responsibility is to collect data and present it in a way that can be understood and acted on.
Understanding and acting on the right data is where things get very difficult and often complex. I've been in countless meetings where stale data is presented in pretty charts. Most of the team in the meeting doesn't understand it and in no way acts on it. Most in the room are embarrassed to speak up for fear they will look stupid, so they nod and go along with the presentation hoping to get out of the meeting as fast as they can so they can get their large pile of work done.