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Decision-making In the Dark' a Major Worry for Large Companies

  • Decision-making In the Dark' a Major Worry for Large Companies

    Decision-making In the Dark' a Major Worry for Large Companies-

    It can take nearly a year-and-a-half to identify and amend a failing business process or initiative and 83 percent of companies admit to suffering consequences because of this. One third (33 percent) see plans become obsolete, 55 percent incur unnecessary costs and 43 percent witness a negative impact on employee morale.

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Decision-making In the Dark' a Major Worry for Large Companies

  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
  • Decision-making In the Dark' a Major Worry for Large Companies-6

    It can take nearly a year-and-a-half to identify and amend a failing business process or initiative and 83 percent of companies admit to suffering consequences because of this. One third (33 percent) see plans become obsolete, 55 percent incur unnecessary costs and 43 percent witness a negative impact on employee morale.

Research recently released from Oracle, and conducted by Dynamic Markets, reveals senior business and IT managers across Europe, U.S., the Middle East and South Africa’s large organizations struggle with a lack of visibility into profits that is impairing financial performance, morale and business success. The research, entitled Performance Management: An Incomplete Picture, also highlights the significant issues with the data-gathering processes that are central in creating a dangerous “four-month” data lag. The research, conducted by Dynamic Markets, surveyed 1,499 managers in large organizations in 13 countries across the world.

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