Keeping your company at the forefront of its field means having the ability and confidence to make hard-fast decisions. Success depends heavily on making the right decisions and executing them with speed and efficiency, giving you a serious competitive advantage over the market.
EY conducted a survey that revealed 81% of senior executives indicated they needed to improve their decision making speed and get greater insight on their business. They also recognised that their team made too many decisions based on intuition, and wasted time working on mechanical tasks and unnecessary detail.
The process of remaking decisions wastes a considerable amount of time. There is an art to making good decisions the first time.