Signal 85% of leaders regret past decisions and 72% report data-driven decision paralysis

Summary

Many business leaders are unhappy with their own decisions and overwhelmed by data. Deloitte cites a 2023 Oracle study in which 85 percent of business leaders said they regret or doubt decisions they made in the past. In the same study, 72 percent said the sheer volume of data, combined with distrust of it, had kept them from making any decision at all. Deloitte describes leaders facing choices that are noisier, faster and riskier than before, with dashboards multiplying but little questioning of where information comes from. These pressures push many leaders to seek help from AI. Deloitte warns, however, that AI can amplify existing weaknesses in decision-making rather than fix them.