How are decisions made in your company? Chances are that there’s a deeply ingrained system involving circuitous hierarchical detours and ultimately a human decision maker who proceeds with limited information. Changes are planned through educated guesses and implemented with a hope and a prayer. Congratulations: You’re like most traditional businesses. But the future will demand more from your company; and data, AI and a willingness to embrace uncertainty will help you deliver. This Boston Consulting Group Henderson Institute report offers solid advice for navigating the choppy waters of change.
About the Authors
Lars Faeste, Martin Reeves and Kevin Whitaker contribute to the BCG Henderson Institute, a strategy think tank for the Boston Consulting Group.