Critical decision-making can make or break a company, and L.E.K. Consulting strongly believes that CEOs and senior executives can get better at critical decisions. One school of thought says that, while CEOs and senior executives have multiple responsibilities, their core responsibility is making good decisions — particularly the ones that have significant consequences for their people and for their organizations’ financial health.
We surveyed 400 executives from 12 industries in countries across North America, Europe, and Oceania (with a focus on Australia). Whether it is reacting to industry disruptions caused by new market entrants or recalibrating supply chain networks to avoid supply outages, today’s decision-makers are also under pressure to get more tough judgment calls right.
To help executives navigate decision-making, this report looks at where companies are struggling today; how to get the best outcomes; and success factors including high-quality debate within executive teams and advanced data analytics.
To learn more, please download our analysis.
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