Sharing ideas that do good

Now it's the fast eating the slow, not the big eating the small

https://youtu.be/MW9Mg4mgGR8

What do you think?

You must be logged in to post a comment.
Comments
Lynn Wood @ 2020.02.24 11:13 PM

Another way to make faster decisions is the 40/70 rule popularised by former Secretary of State Colin Powell. The rule says that leaders should be making decisions when they have 40-70% of the information needed.

Make a decision with less than 40%, the rule says, and you’re shooting from the hip. Waiting until you have more than 70% of the information and you’ve waited too long- you may now become indecisive and overwhelmed and you could risk the productivity of the entire organisation.

Does your organisation make decisions in ways like these? Are they prepared to test or pilot new ideas?


Generic placeholder image

By Lynn Wood

24 February 2020

 
4 Like


Related Posts

Startup

post-image

Accelerating R&D in NSW
16 April 2021 by Madeline Cunn... 0 Comments
 
4 Like

Startup

post-image

TRANSFORMATION | How Luxembourg uses PPPs as part of its economic transformation toolkit
16 April 2021 by Maria MacNama... 0 Comments
 
1 Like

Startup

post-image

RePlated Ending Single Use Takeaway Containers
15 April 2021 by Bradley Delam... 0 Comments
 
2 Like