Our new EIU report ‘The Challenge of Speed. Driving slow in the fast lane’ sponsored by Ricoh explores how well European companies are responding to the challenges of enhancing agility and speed and what steps they should take to do better.
92% of respondents believe that speed is part of their culture. And while improving core business processes is ranked as the number one strategy for maintaining a competitive position over the next three years, a mere 29% believe that they can rapidly re-engineer these or other processes.
Nonetheless, improved speed and agility can bring risks as well as benefits. The biggest disadvantage, cited by 37% of survey respondents, is the danger that quick decisions may be inferior to more considered ones. Do you agree? Download the full report now.