Execution Economics
Turning good decisions into effective outcomes
Execution Economics is a new analytical framework to help business, government and other organisations understand why their results often fail to match their ambitions.
Traditional economic and management theories tend to assume that once a good decision is made then commensurate results will naturally follow. However, real world outcomes also depend on decision sovereignty or the amount of control the people responsible for carrying out the decision actually have over making it happen.
The best decision may still fail if those responsible for delivering it lack the authority, resources, or freedom to act. Equally, having complete control cannot rescue a poor decision. Success requires both good decisions and the ability to execute them.
Execution Economics describes this relationship using a simple mathematical model and a set of measures, including predictive capacity and the Decision Sovereignty Index, which can explain and compare performance across organisations.
Links:
To learn more about Execution Economics visit the Website or chat with the Execution Economics Assistant.
Articles on Open Forum:
Decision sovereignty: Why good decisions fail to execute
More articles pertaining to the ongoing research programme will be published here on Open Forum in the future.
References:
• Fritz, P., Fritz-Kalish, C. and Bodrova, O. (2025), ‘Introducing decision sovereignty: A missing transmission variable in models of implementation’, Journal of Behavioural Economics and Social Systems, 7(1-2), 137-141, DOI.
• Fritz, P., Fritz-Kalish, C. and Bodrova, O. (2026), Decision sovereignty: A theory of execution in prediction-rich economies, Global Access Partners, Sydney.
• Fritz, P. and Fritz-Kalish, C. (2026), ‘Decision sovereignty: A formally derived transmission variable for economic theory’, Global Access Partners, DOI.
• Fritz, P. and Fritz-Kalish, C. (2026), ‘Decision sovereignty: Case studies’, Global Access Partners, DOI.
• Fritz, P. and Fritz-Kalish, C. (2026), ‘Sovereignty before process: Why the Royal Commission’s recommendations cannot prevent another Robodebt, and what Execution Economics proposes instead’, Global Access Partners, DOI.
• Fritz, P. and Fritz-Kalish, C. (2026), ‘Capable destruction: Execution Economics and the value reversal architecture of Australia’s Robodebt scheme’, Global Access Partners, DOI.
Peter Fritz AO is Chairman of Global Access Partners and Group Managing Director of TCG. He chairs a number of influential government and private enterprise boards and represented Australia on the OECD Small and Medium Size Enterprise Committee.
