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Corporations are finding that across all functions and at every level, decision-making must be faster, more effective, and done right the first time. Business leaders are increasingly called on to identify the decisions that will have the greatest impact on corporate performance. Executives must not only determine the best choices, but also demonstrate how they will deliver measurable returns and shareholder value. To meet these challenges, many companies are realizing that a new paradigm for strategic decision-making is required.
This Executive eBriefing introduces an approach that has enabled many organizations to improve the quality of their strategic decisions while simultaneously reducing the time required to make them. We describe:
- The art and the science of decision-making
- Six elements that ensure high-quality decisions
- How to translate quality decisions into effective action