60% of Companies DO NOT Measure the Effectiveness of Business Decisions

June 04, 2013 (PRLEAP.COM) Business News
McKinsey & Company a world leading management consulting firm, surveyed over 2000 of the world's top business executives to find out how companies make and measure the effectiveness of decisions.

Hexigo, a collaborative decision making and management platform, visually summarized the data in a decision making infographic. It's very insightful and shows that inclusive, transparent and accountable decision making leads to more effective decisions.

Just as importantly it demonstrates that over 70% of business decisions are agile and unplanned!

View the full post and business decision making infographic.

The "Flaws in strategic decision making" and "How companies make good decisions" global surveys by McKinsey & Company indicate, that inclusive, collaborative decision making in business not only promotes good, best-practice decision making, but it makes the decision making process transparent and accountable.

McKinsey & Company provides articles, reports, video, and other content from McKinsey Quarterly, the McKinsey Global Institute (MGI), and McKinsey practices. They work with leading organizations across the private, public and social sectors. Their scale, scope, and knowledge allow them to develop comprehensive reports and generate unique insights.

Hexigo is a collaborative decision making and management platform for business. It turns traditional business collaboration, into collaborative, group decision making and management.

See the full post and business decision making infographic, or try Hexigo for fee. Alternatively, get in touch to find out more.