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October 13, 2006
Moving from Analysis Paralysis
I ran across an article last evening from Optimize magazine by Michael Useem, from the Wharton Business School. He commented that "A less than ideal action stands a chance of success, whereas no action stands no chance."
He outlined several tools to overcome common decision making barriers. I'm planning to implement the "70% Solution" that he talks about in the article-if you have 70% of the information, have done 70% of the analysis, and feel 70% confident, then act.
Posted by chitch at October 13, 2006 3:38 PM