--- title: The Seven Stage Lifecycle of Business Decision-Making description: In the seven stages of business decision-making, there are a number of opportunities for research and insight to make a positive, meaningful impact. image: https://blog.flexmr.net/hubfs/Marketing_Files/Blogs/Headers/lifecycle_stakeholder_decision_making_process.png --- close ## Ready to level up your insights? Get ready to streamline, scale and supercharge your research. Fill out this form to request a demo of the InsightHub platform and discover the difference insights empowerment can make. A member of our team will reach out within two working days. close ## Cost effective insights that scale Quality insight doesn't need to cost the earth. Our flexible approach helps you make the most of research budgets and build an agile solution that works for you. Fill out this form to request a call back from our team to explore our pricing options. [![FlexMR logo](https://www.flexmr.net/skin/images/images-custom/2b221b67-b091-4584-9017-872ee2ddf960-logo.svg)](https://www.flexmr.net/) Book a Demo Request Pricing [Contact Us](https://www.flexmr.net/contact/) Menu - [Home](https://www.flexmr.net/) - [InsightHub](https://www.flexmr.net/insighthub/) - [What is InsightHub?](https://www.flexmr.net/insighthub/) - [Data Collection](https://www.flexmr.net/insighthub/data-collection/) - [Data Analysis](https://www.flexmr.net/insighthub/data-analysis/) - [Data Activation](https://www.flexmr.net/insighthub/data-activation/) - [Research Templates](https://blog.flexmr.net/topic/survey-templates/) - [Information Security](https://www.flexmr.net/insighthub/information-security/) - [Services](https://www.flexmr.net/services/) - [Our Expert Services](https://www.flexmr.net/services/) - [Support & Education](https://www.flexmr.net/services/support-and-education/) - [Consultative Services](https://www.flexmr.net/services/consultative-services/) - [Insight Delivery](https://www.flexmr.net/services/insight-delivery-services/) - [Research Methods](https://www.flexmr.net/methods/) - [Sectors We Work With](https://www.flexmr.net/sectors/) - [About](https://www.flexmr.net/about/) - [About Us](https://www.flexmr.net/about/) - [Leadership](https://www.flexmr.net/about/leadership/) - [Meet the team](https://www.flexmr.net/about/meet-the-team/) - [Advisory Board](https://www.flexmr.net/about/advisory-board/) - [Press & Media](https://resources.flexmr.net/tag/press) - [Accolades](https://www.flexmr.net/about/accolades/) - [Careers](https://www.flexmr.net/about/careers/) - [Blog](https://blog.flexmr.net/) - [Resources](https://resources.flexmr.net) - [Contact](https://www.flexmr.net/contact/) - [Book a Demo](https://blog.flexmr.net/) - [Request Pricing](https://blog.flexmr.net/) - [Home](https://www.flexmr.net/) - [InsightHub](https://www.flexmr.net/insighthub/) - - [What is InsightHub?](https://www.flexmr.net/insighthub/) - [Data Collection](https://www.flexmr.net/insighthub/data-collection/) - [Data Analysis](https://www.flexmr.net/insighthub/data-analysis/) - [Data Activation](https://www.flexmr.net/insighthub/data-activation/) - [Research Templates](https://blog.flexmr.net/topic/survey-templates/) - [Information Security](https://www.flexmr.net/insighthub/information-security/) - ![Camp InsightHub](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/camp_insighthub_nav.png) Embark on a new adventure. Join Camp InsightHub, our free demo platform, to discover the future of research. [Sign Up Today](https://insighthub.flexmr.net/users/new) - ![FlexMR InsightHub](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/insighthub_screenshot.png) Read a brief overview of the agile research platform enabling brands to inform decisions at speed in this PDF. [Download Brochure](https://blog.flexmr.net/hubfs/Public_Files/InsightHub_Brochure.pdf) - ### InsightHub on the Blog - [Surveys, Video and the Changing Face of Agile Research](https://blog.flexmr.net/surveys-video-changing-agile-research) - [Building a Research Technology Stack for Better Insights](https://blog.flexmr.net/research-technology-stack) - [The Importance of Delegation in Managing Insight Activities](https://blog.flexmr.net/delegation-importance-insight-activities) - [Common Insight Platform Pitfalls (and How to Avoid Them)](https://blog.flexmr.net/platform-pitfalls-how-to-avoid-them) - [Services](https://www.flexmr.net/services/) - - [Our Expert Services](https://www.flexmr.net/services/) - [Support and Education](https://www.flexmr.net/services/support-and-education/) - [Consultative Services](https://www.flexmr.net/services/consultative-services/) - [Insight Delivery Services](https://www.flexmr.net/services/insight-delivery-services/) - [Research Methods](https://www.flexmr.net/methods/) - [Sectors We Work With](https://www.flexmr.net/sectors/) - ![FlexMR Services Team](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/services.jpg) Our services drive operational and strategic success in challenging environments. Find out how. [Download Brochure](https://blog.flexmr.net/hubfs/Public_Files/Brochures/FlexMR_Services_Brochure.pdf) - ![Video Close Connection Programme](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/video_services.jpg) Close Connections bring stakeholders and customers together for candid, human conversations. [Read Press Release](https://resources.flexmr.net/close-connections-launch) - ### Explore our Practices - [Communities Practice](https://www.flexmr.net/insighthub/) - [Closeness Practice](https://www.flexmr.net/practices/customer-closeness/) - [CX Practice](https://www.flexmr.net/practices/customer-experience/) - [Insight Communications Practice](https://www.flexmr.net/practices/insight-communications/) - [About](https://www.flexmr.net/about/) - - [About Us](https://www.flexmr.net/about/) - [Leadership](https://www.flexmr.net/about/leadership/) - [Meet the Team](https://www.flexmr.net/about/meet-the-team/) - [Advisory Board](https://www.flexmr.net/about/advisory-board/) - [Press & Media](https://resources.flexmr.net/tag/press) - [Accolades](https://www.flexmr.net/about/accolades/) - [Careers](https://www.flexmr.net/about/careers/) - ![FlexMR Credentials Deck](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/flexmr_credentials.png) The FlexMR credentials deck provides a brief introduction to the team, our approach to research and previous work. [Download Credentials](https://blog.flexmr.net/hubfs/Public_Files/Brochures/FlexMR_Credentials.pdf) - ![FlexMR Insights Empowerment](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/insights_empowerment.png) We are the insights empowerment company. Our framework addresses the major pressures insight teams face. [Download Brochure](https://blog.flexmr.net/hubfs/Public_Files/Brochures/Insights_Empowerment_Brochure.pdf) - ### Latest News - [Insight as Art Shortlisted for AURA Innovation Award](https://resources.flexmr.net/aura-innovation-award-2021) - [FlexMR Launch Video Close Connection Programme](https://resources.flexmr.net/close-connections-launch) - [VideoMR Analysis Tool Added to InsightHub](https://resources.flexmr.net/videomr-launch) - [FlexMR Makes Shortlist for Quirks Research Supplier Award](https://resources.flexmr.net/quirksmr-mr-supplier-award-2020) - [Blog](https://blog.flexmr.net) - - [Latest Posts](https://blog.flexmr.net) - [Strategic Thinking](https://blog.flexmr.net/topic/strategic-thinking) - [Technology & Trends](https://blog.flexmr.net/topic/tech-trends) - [Research Methods](https://blog.flexmr.net/topic/research-methods) - [Practical Application](https://blog.flexmr.net/topic/practical-application) - [Insights Empowerment](https://blog.flexmr.net/topic/insights-empowerment) - [View Full Blog Archives](https://blog.flexmr.net/all) - ![FlexMR Close Connection Programme](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/close_connection.png) Discover how to build close customer connections to better support real-time decision making. [Build Connections](https://blog.flexmr.net/practical-support-real-time-decisions) - ![Market Research Playbook](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/market_research_playbook.png) What is a market research and insights playbook, plus discover why should your team consider building one. [Discover Playbooks](https://blog.flexmr.net/market-research-playbook) - ### Featured Posts - [Five Strategies for Turning Insight into Action](https://blog.flexmr.net/5-strategies-turn-insights-into-action) - [How to Design Surveys that Ask the Right Questions](https://blog.flexmr.net/effective-survey-design-guide) - [Scaling Creative Qual for Rich Customer Insight](https://blog.flexmr.net/scale-creative-qual-rich-understanding) - [How to Measure Brand Awareness: The Complete Guide](https://blog.flexmr.net/measure-brand-awareness) - [Resources](https://resources.flexmr.net) - - [All Resources](https://resources.flexmr.net) - [Client Stories](https://resources.flexmr.net/tag/case-studies) - [Whitepapers](https://resources.flexmr.net/tag/whitepapers) - [Events & Webinars](https://resources.flexmr.net/tag/events) - [The Open Ideas Panel](https://ideas.flexmr.net/auth/sign_in) - [InsightHub Help Centre](https://help.flexmr.net/en) - [FlexMR Client Network](https://www.linkedin.com/groups/9165407/) - ![Insights Empowerment Readiness Calculator](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/insights_calculator.png) The insights empowerment readiness calculator measures your progress in building an insight-led culture. [Get Your Score](https://resources.flexmr.net/insights-empowerment-calculator) - ![MRX Lab Podcast](https://blog.flexmr.net/hubfs/Website_Files/Images/Navigation/flexmr_podcast.png) The MRX Lab podcast explores new and novel ideas from the insights industry in 10 minutes or less. [Listen Now](https://resources.flexmr.net/mrx-lab-podcast) - ### Featured Stories - [Specsavers Informs Key Marketing Decisions with InsightHub](https://resources.flexmr.net/specsavers) - [The Coventry Panel Helps Maintain Award Winning CX](https://resources.flexmr.net/coventry-building-society) - [Isagenix Customer Community Steers New Product Launch](https://resources.flexmr.net/isa-insights) - [Curo Engage Residents with InsightHub Community](https://resources.flexmr.net/curo) - [Strategic Thinking](https://blog.flexmr.net/topic/strategic-thinking) / 9 MIN READ ## The Seven Stage Lifecycle of Business Decision-Making #### Emily James # [Workshops and Beacons: A Guide to Building Custome...](https://blog.flexmr.net/workshops-beacons-customer-salience) Most organisations are not short of data, insight or decks.Their biggest challenge is not whether cu... [Read more](https://blog.flexmr.net/workshops-beacons-customer-salience) 9 MIN READ #### Ed Hill - [Events (1)](https://blog.flexmr.net/topic/events) - [Insights Empowerment (38)](https://blog.flexmr.net/topic/insights-empowerment) - [Practical Application (178)](https://blog.flexmr.net/topic/practical-application) - [Research Methods (285)](https://blog.flexmr.net/topic/research-methods) - [Strategic Thinking (232)](https://blog.flexmr.net/topic/strategic-thinking) - [Survey Templates (7)](https://blog.flexmr.net/topic/survey-templates) - [Tech & Trends (397)](https://blog.flexmr.net/topic/tech-trends) Stakeholder decision-making is a subject filled with a lot of emotional charge on both sides – researchers want to help stakeholders make decisions with powerful insights, but sometimes can’t get them across just right to make stakeholders act on them enough because they don’t truly understand what goes into their decision-making process. How do they decide which business problems are worth requesting research and insights to fix? How do we get them to decide to request more research to make more informed decisions? To truly understand how insight experts can influence stakeholder decisions with insights, we must first understand the lifecycle of the decision-making process. | ![Tweet from FlexMR](https://blog.flexmr.net/hs-fs/hubfs/Website_Files/Images/Icons/tweet-flexmr.png?width=40&height=33&name=tweet-flexmr.png) | ***Tweet This*** | | --- | --- | | [Understanding the lifecycle of the stakeholder decision-making process can help insight experts insert insights into the right stage so that stakeholders pay attention.](https://ctt.ac/1aZJ0) | | ![Lifecycle of Stakeholder Decision Making](https://blog.flexmr.net/hs-fs/hubfs/Marketing_Files/Blogs/Inline/Lifecycle%20of%20Stakeholder%20Decision%20Making.png?width=700&height=450&name=Lifecycle%20of%20Stakeholder%20Decision%20Making.png) ## Stage 1: A New Obstacle or Epiphany is Identified If this were a film, this would be called the inciting incident – a sudden situation or realisation that kickstarts the true plot within the story. In the case of stakeholders within a business, this first stage kickstarts their decision-making process. The first stage of the decision-making lifecycle, is to understand that there’s a decision to be made. This typically comes when encountering an obstacle or challenge of some kind, or when stakeholders have an epiphany – this could be an idea for a great new strategy or a way to make a process more efficient – either way, this calls for a decision to be made to make sure that the right outcome is achieved. ## Stage 2: Analysis of Current Situation and Alternative Paths Once the decision-making process has been started, it’s time for stakeholders to assess their situation in stage two. If an obstacle has been encountered, then ensuring that the stakeholders involved understand the true extent of its damage is essential before they can fully tackle the problem at hand, and that in turn will help lead them to the potential paths they can take to resolve it. If an epiphany is the inciting incident, then understanding the current business contexts it will influence in all its components will help stakeholders know exactly where their new potential strategy or idea fits in to make it better or eliminate any extraneous processes. If an idea is the cause of the decision, it’s also a good idea to take stock of any other team members/stakeholders who will be impacted with this new idea, and see if they have any useful input when turning this idea into reality. Even if this is challenge-incited, this stage requires the stakeholders effected to ask others for help, information and assistance in making the best decision possible – which brings us to stage three: asking the insights team for research. ## Stage 3: Requesting Research Assistance Asking insight experts for help should be stage three, whether that’s for a brand-new research project or if they already have some insights on the matter from previous projects. Searching for insights to inform their decision is a crucial step in the process, and which path stakeholders take to obtain insights depends on two things: first, if they have access to a research team, whether in-house or through a research agency; and secondly, whether stakeholders have access to already-generated insights. If stakeholders have an in-house team or resident insight expert then they should also have a dedicated place to store historical insights. This should increase the access to insights and speed up the decision-making process. In-house insight experts will also understand the relevant business contexts surrounding each decision and challenge; however, research agencies are able to take a step back and use the contexts provided by the stakeholders with their unique expertise to create the right research experience. Once the insights have been generated and communicated to stakeholders, it’s time to move onto stage four. ## Stage 4: Analysing Alternative Paths with Insights Now that stakeholders have the insights they need, whether they’re still relevant insights from a data warehouse or freshly generated by insight experts, stakeholders can now reanalyse the options available to them. The insights generated from stage three are the key to making the right decision, if the insights are created from well-designed and executed research projects then stakeholders stand a better chance of making the most positive impact. If am obstacle or error has been identified in the customer or brand experience, then insights are able to point the way to the right fix. If a new opportunity has come to light, then the insights generated can help stakeholders understand exactly how to implement it in order to enhance the brand or customer experience. This would work particularly for any new products or services, or even new business strategies to help the brand expand into different industries. However, there might be cases where the insights simply narrow down the choices involved, rather than eliminate options entirely, stakeholders will always have the final say. ## Stage 5: Making the Decision This is a simple stage, but perhaps the hardest if there are equally suitable options available to choose from. Making a decision is a stage all on it’s own, as stakeholders take stock of the last few paths laid out in front of them and finally choose the right one. The timescales involved in the decision-making lifecycle entirely depend on the decision itself – is it important enough to take the time to choose? Is there a time limitation that requires a speedy result for maximum effectiveness? Will all of the options have the desired result or is there some discrepancy in the outcome depending on the decision? Whatever the situation, as soon as the decision is made it’s time to set the plan into motion in the next stage. ## Stage 6: Set Plan into Motion Once the decision is final, it’s time to move forward and act on it. Getting stakeholders to act on insights is one of the trickiest parts of an insight professional’s job, so there is a lot of literature out there on how to get stakeholders to listen to insights and use them within decision-making processes. As soon as the decision is set, the relevant teams are notified and things start moving, stakeholders will start to see whether they made the right decision, whether the action plan is working as it should and either moving the business over the obstacle in it’s path or jet setting into future success on the back of the new opportunity. This stage lasts from the minute the plan is set in motion to the moment stakeholders don’t need to actively do anything to keep it going. | ![Tweet from FlexMR](https://blog.flexmr.net/hs-fs/hubfs/Website_Files/Images/Icons/tweet-flexmr.png?width=40&height=33&name=tweet-flexmr.png) | ***Tweet This*** | | --- | --- | | [There are 7 stages to the Stakeholder Decision-Making Lifecycle - from the inciting incident to reviewing their success, there are many chances for insight experts to leave their mark.](https://ctt.ac/9M96m) | | ## Stage 7: Review Outcomes and Learnings This last stage allows stakeholders to take a step back and see exactly what it is they have done; once the results of their decision start to make themselves known, it’s time for stakeholders to review the success of their decision. Sometimes this leads to tangible changes throughout the organisation, an uptick in new custom, or a surge in demand for a new product or service. But other times, the results come in intangible forms, where the results aren’t necessarily noticed through data, but they are felt across the organisation all the same. Maybe stakeholders have implemented a new policy that helps their staff feel more valued, or they have gotten rid of superfluous processes to make the brand experience more efficient but still as impactful, these types of results might not make a huge difference in terms of quantitative outputs, but they all aid towards a better vibe or feeling about the brand and business. Taking these results and understanding how they have been achieved is vital for future successful decision-making processes. In this stage, stakeholders can learn from their decisions, review the options that were available and see if any of them might have had the same or better impact, and then use that information to act accordingly in the future when a similar arises. [![Camp InsightHub](https://blog.flexmr.net/hs-fs/hubfs/Marketing_Files/CTAs/cta_camp_insighthub.png?width=1000&name=cta_camp_insighthub.png)](https://insighthub.flexmr.net/users/new) #### About FlexMR We are The Insights Empowerment Company. We help research, product and marketing teams drive informed decisions with efficient, scalable & impactful insight. #### About Emily James As a professional copywriter, Emily brings our global vision to life through a broad range of industry-leading content. #### Stay up to date ## You might also like... ![Blog Featured Image Header](https://blog.flexmr.net/hubfs/Marketing_Files/Blogs/Headers/Workshops.png) ### [Workshops and Beacons: A Guide to B...](https://blog.flexmr.net/workshops-beacons-customer-salience) Most organisations are not short of data, insight or decks.Their biggest challenge is not whether customer understanding exists since most teams have access to more customer insight than ever before. ... [Continue reading](https://blog.flexmr.net/workshops-beacons-customer-salience) 9 MIN READ ![Blog Featured Image Header](https://blog.flexmr.net/hubfs/Marketing_Files/Blogs/Headers/ZeroParty.png) ### [Communities and the Post-Cookie Fut...](https://blog.flexmr.net/communities-post-cookie-future) The abundance of data available at our fingertips is not an uncommon topic in the industry these days. Neither is the question: how do we use it effectively? [Continue reading](https://blog.flexmr.net/communities-post-cookie-future) 6 MIN READ ![Blog Featured Image Header](https://blog.flexmr.net/hubfs/Thea%20Closeness%20Blog.png) ### [Empathy, Emotion and Compassion in ...](https://blog.flexmr.net/empathy-customer-closeness) Empathy, compassion, and emotional understanding are increasingly recognised as essential components in building a culture of customer closeness, yet many organisations still struggle to move beyond a... [Continue reading](https://blog.flexmr.net/empathy-customer-closeness) 6 MIN READ ![](https://www.flexmr.net/skin/images/images-custom/48f118ee-cef9-42d6-b60b-5575d5ac26e3-flexmr_footer.svg) - [Home](https://www.flexmr.net/) - [Contact Us](https://www.flexmr.net/contact/) - [Privacy Policy](https://www.flexmr.net/legal/privacy/) - [Cookie Policy](https://www.flexmr.net/legal/cookies/) - [Terms of Use](https://www.flexmr.net/legal/terms-of-use/) [Follow us on Facebook](https://www.facebook.com/flexmr/) [Follow us on Twitter](https://twitter.com/_flexmr) [Follow us on LinkedIn](https://www.linkedin.com/company/flexmr) [Follow us on YouTube](https://www.youtube.com/c/FlexmrNetOnlineResearch) [![Grit Top 50 Logo](https://www.flexmr.net/uploads/photo-gallery-include-images/34/44258f4d-7452-40d6-bb23-0e220c8ba21f.png)](https://www.greenbook.org/mr/grit/business-innovation-edition) [![ISO 27001 Alcumus](https://www.flexmr.net/uploads/photo-gallery-include-images/34/fa89f9b3-d866-43b8-8de0-4a052a9053d8.png)](https://www.alcumus.com/en-gb/certification/iso-27001/) [![Cyber Essentials Plus Logo](https://www.flexmr.net/uploads/photo-gallery-include-images/34/cba57df6-75a2-4544-9599-dcc0c2f14b79.png)](https://blog.flexmr.net/hubfs/Public_Files/Other/FlexMR_Cyber_Essentials_Certificate.pdf?__hstc=163229475.dde2c3d212762f49b059c9f62e7537a0.1624542718433.1626339489304.1626701624468.7&__hssc=163229475.2.1626701624468&__hsfp=3142549060) © FlexMR 2021. All rights reserved. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Emily James", "url" : "https://blog.flexmr.net/author/emily-james" }, "dateModified" : "2023-01-18T20:10:16.788Z", "datePublished" : "2023-01-12T18:05:11.000Z", "headline" : "The Seven Stage Lifecycle of Business Decision-Making", "image" : [ "https://blog.flexmr.net/hubfs/Marketing_Files/Blogs/Headers/lifecycle_stakeholder_decision_making_process.png" ], "mainEntityOfPage" : { "@id" : "https://blog.flexmr.net/lifecycle-business-decisions", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.flexmr.net/hubfs/Website_Files/Images/Logos/flexmr_logo_amp.png" }, "name" : "FlexMR" } } ```