Strategic decision making in modern manufacturing introduces and explains the AMBIT (Advanced Manufacturing Business Implementation) approach, which has been developed to bridge the gap between strategic management considerations and the operational effects of technology investment decisions on the manufacturing organization. This allows for the evaluation, anticipation, and accurate prediction of the likely impact of new manufacturing technology and/or program implementations. The AMBIT approach focuses specifically on the non-financial aspects of such investment decisions and offers a method that enables a manager, or more frequently a management team, to understand the impacts of a new technology or program on the manufacturing organization in terms of manufacturing performance.