How do you speed up decision-making in large organizations?

Top Answer : With the accelerated pace of business resulting from digital transformation, two gaps are becoming more evident: process debt, and the loss of corporate knowledge.  Fix one or both and you will have accelerated time to decision.

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Yellow Cloud
Manufacturing
With the accelerated pace of business resulting from digital transformation, two gaps are becoming more evident: process debt, and the loss of corporate knowledge.  Fix one or both and you will have accelerated time to decision.
1 upvotes
Red Terminal
Consumer Goods
By enabling transparency and information access, empowering the leaders.
2 upvotes
Black Monitor
Oil, Gas and Mining
Clarity of information, reduced levels of hierarchy, delegation of power, trust. These values should be incorporated in the organization for process efficiency.
3 upvotes
Yellow Processor
Software
Make sure you have those at the table you are the decision makes. Some times there are too many meetings scheduled and those you attend don’t have the authority or have not been delegated the authority.
1 upvotes
Green Cloud
Construction
By providing supportive information to steak holders that can facilitate their decision and reduce evaluation times. Another strategy could be to pre-build the consensus before you float the decision for formal workflow/approval process
1 upvotes
Yellow Monitor
Construction
By identyfing if the project is obligatory (regulations) then it is a no-brainer. If the project is not mandatory then prepare the case for the project (ROI) and convenience of implementing ASAP. Publishing the cost of the risk or opportunity also helps a lot to speed up the process.
1 upvotes
Yellow Hard Drive
Transportation and Warehousing
By priority decision making where important and time sensitive actions are pushed to the top.
1 upvotes
Black Charger
Finance, Banking & Insurance
Many leaders want the answers at the same time the request is made. Don't just present a business problem, present the solution at the same time.
1 upvotes
Yellow Monitor
Software
Typically decisions are made outside the meeting. Stay in touch with key stakeholders and get their buy-in one by one and take a final vote in the group meeting.  I come across three groups of people. Yes, No, or may-be. In case you have a lot more Yes's, the may-be will jump in to support you.
1 upvotes