62% of Execs Rely on Gut Instincts When Forging Partnerships

Study shows business still hinges on relationships

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Sixty-five percent of executives say that subjective factors such as company culture and corporate values increasingly make a difference when evaluating partnership proposals, according to a study from The Fortune Knowledge Group and ad agency Gyro. Only 16 percent disagreed, per the companies' joint report, which recently surveyed 720 senior business leaders.

In other words, even in the big data era, old-fashioned relationships and other human elements still matter plenty. In fact, 62 percent said it is often necessary to rely on gut feelings and soft, non-statistical factors.

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