What's worse; a bad decision or no decision? Most bad decisions can be corrected, I am speaking broadly, but in general most bad decisions can be changed or mitigated. Making a bad decision early in a process is obviously better than later. Now, I am not saying you should run your business on a series of bad decisions, but let me take the next step.
How do you correct a non or no decision? You can't. Often, many decision makers will wait until they have all the perfect information before they make a decision. If that is the case, is it a decision or inevitability? Leaders lead and waiting until something is inevitable is not leading. Take the best information for a key decision, run it by your trusted inner circle, gather some alternative opinions and make decisions. Then, be nimble and correct or fine tune the decision/outcome as necessary.
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