What to be? Quick or Correct?
The problem with several managers is that, they want to take too much time to evaluate things, before acting. In this competitive environment we may not have such luxury. One of the Cutomers I talked to has a different way of doing things. As he explained it, as a CEO, he would quickly decide on the 10 issues in front of him. He might actually be wrong in 3 issues. Can he afford it? His answer was an emphatic yes. He explained that, as all his were quick, he had adequate time to correct those 3 mistakes, before they were out of hand. He claimed that the net time taken was less than that, required to execute the solutions AFTER a fool proof analysis for all 10. Therefore he actually saved time and money. In essence, he meant "Be quick than accurate". The point was emphasized by Jack Foster in "How to get Ideas?", where he demonstrated that students delivered more ideas when they were given shorter time-lines. My CIO tells us, not to wait for a 100% of things to f...