Executive Summary
Waiting too long to make decisions can slow businesses down, frustrate employees, and mean missing critical opportunities. When should you just make the decision versus gathering more data or cogitating on it longer?
In order to decide when your choice needs to be made, consider a few factors. First, consider the decision’s importance. Choices of little consequence should not take very long. For more important decisions, spend the extra time to either reflect or gather and analyze data. Then, determine how often the same decision will be made. If the…
