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“Effective decision making is more important than ever. 65% of executives have to make more complex decisions today than they did two years ago, according to a Gartner study, and 50% of them experience greater pressure to justify the decisions they make.…
To put some context, the term ‘decision intelligence’ was popularized in Lorien Pratt’s 2019 book, Link: how Decision Intelligence Connects Data, Actions, and Outcomes for a Better World...
According to McKinsey’s findings, 72% of executives say that bad decisions are as frequent as good ones, and the average S&P 500 company wastes an average of $250 million a year due to ineffective decision making.”
This article focuses on DI and decision-making as part of a set of business processes that include not only being clear about the outcomes you want but also being clear about how you retrospectively examine your decisions.
This excerpt was translated using Bing translate. To translate this article into English, either select “Translate” when you open it in a browser or highlight the text, and select “Translate selection into English”.