Insights from APT's Hospitality & Travel Practice
Header

The Economist Intelligence Unit: How do Executives Make Decisions?

June 2nd, 2014 | Posted by Dan Schreff in Uncategorized

To “decide” can be interpreted as “picking one option and killing off all others.” In business, doing this right has large rewards and getting it wrong has severe consequences. While executives have always made decisions, increasing amounts of data, sophisticated consumers, rapidly evolving technology, and disruptive competitors, are fundamentally changing the art and science of decision-making.

APT partnered with the Economist Intelligence Unit to study how decision-making is rapidly evolving across various industries and geographies. The resulting report addresses tough and important questions, such as:

  1. How do executives blend intuition with data? Are companies allowing executives to trust intuition?
  2. How are executives using data in decision-making when the data is counter-intuitive to their beliefs?
  3. With so much data available, which data should executives consider? And, how should they best incorporate it in decision-making?

The report will be released on June 5th in London. Please email info[at]aptmail.com to be the first to get a complimentary copy of this actionable report written by the Economist Intelligence Unit.

You can follow any responses to this entry through the RSS 2.0 Both comments and pings are currently closed.