What does it take to make strategic decisions when the variables are proliferating? What lenses do leaders now need to apply when they’re determining the way forward on the given initiative?
Consider the common factors that might go into today’s business decisions. Cost effectiveness and profitability. Increasing supply costs and margin pressure. Ever-increasing competition. The difficulty of gaining consensus among more participants in purchase decisions. The challenge of navigating risk and resilience imperatives amid the continuing crush of disruptions. Add to that the many workforce considerations, evolving ESG regulations, and much, much more as the complexity of the business landscape rapidly increases and the impact of each decision ripples outward.
In this issue, we explore this new decision-making calculus, examining a handful of the variables many leaders now contend with.