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The 3 Critical Components of Decision Making for Better Strategy Implementation

The rate of change in the business world today is unprecedented and increasing exponentially. Yet the process of decision making has not materially changed, causing organizations to struggle to keep up or make rushed decisions that turn out poorly. In discussions with client leaders, we have heard them emphasize the importance of efficient and effective decision making, but express dissatisfaction with their organization’s current capability.To explore this challenge of how to build effective decision-making capability within organizations, BTS partnered with a team of MBA students from The University of Texas at Austin McCombs School of Business. Together, we interviewed a variety of BTS’s clients across several industries—including retail, shipping and logistics, manufacturing, IT, and financial services—to learn more about how decisions are being made within large organizations.

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