DECISIONS DECISIONS
Trying to make ‘perfect’ choices in a dynamic world is a recipe for disaster Business Owners have to make hundreds of decisions every day. They can’t avoid making decisions. In fact, avoiding making a decision is simply a decision in itself. Amazon Chief, Jeff Bezos, says there are two types of decisions, Type 1 – mission critical, high impact decisions that affect overall strategy… and Type 2 – lower impact choices that can be easily reversed if necessary. Bezos goes further, he suggests it’s possible, no advisable, to make decisions with just 70% of the ‘perceived ideal information’. For...
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