Business Objects, a world-leading provider of business intelligence (BI) solutions announced the results of a survey analyzing the current status of corporate decision-making. The survey of 154 global C-level executives, conducted by the Economist Intelligence Unit (EIU) and commissioned by Business Objects, found that less than one in 10 corporate executives believe they have the necessary information when they need it to make critical business decisions. More than half of these senior executives are concerned that as a result of missing information, they may be making poor decisions and a quarter believe that management frequently or always gets its decisions wrong.
"These are sobering statistics," said John Schwarz, CEO of Business Objects. "We are talking about business decisions that can cost an organization millions of dollars, either through costly errors or through the failure to grasp a competitive advantage."
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