It is now possible to track and measure decision effectiveness to drive strategy execution. Organizations that have developed the capacity to make high-quality decisions, and execute them faster and with minimal internal friction, outperform their peers that suffer from decision sclerosis.
However, few organizations rigorously measure or track their decision effectiveness; therefore, they are “flying blind” on this pivotal leading indicator of performance. Lacking empirical evidence of their decision-making acumen, there is little impetus to improve. Ankura’s decision profile captures an organization’s most significant decisions and assesses them on four dimensions of decision success: