Published: 28 May 2024
Summary
Decisions need buy-in and follow-through to create value and avoid cynicism. One of the most impactful things CIOs can do is improve the efficacy of decision making. By following the three best practices of defining approaches, assigning roles and following norms, CIOs can make decisions stick.
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Overview
Key Findings
CIOs must get decisions adopted quickly to drive digital efforts that shape the future of their organizations. However, 72% of executives report that bad decisions are as frequent as good ones.
Decisions get undone, remade or delayed as CIOs face challenges, such as resistance to change, lack of leadership alignment or competing priorities. This becomes increasingly frustrating due to unclear and complicated decision-making structures and practices in most organizations.
Organizations struggling with inefficient decisionmaking tend to suffer margin erosion.
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