In many organizations, making decisions is like making sausage. There is little visibility of what goes into them and outcomes may surprise you – not always pleasantly.
Better decisions enable organizations to take advantage of market opportunities more quickly, respond to competitors more effectively, make course corrections earlier and react to changing economic conditions with greater agility.
Conversely, poor decisions are costly. In this fast-moving, knowledge-based global economy, more people in organizations are being asked to make decisions, and their decisions have a broader and more significant impact than ever before. Too much information with too little insight, an incomplete understanding of the full implications of our decisions and too little time for contingency planning adds to the pressure. more…