Sunday, May 10, 2009

Postponing Decisions Until You Are Prepared May Be The Best Way To Go

Many managers feel that they are under a great deal of pressure to make decisions extremely quickly. In school, students learn that those who raise their hand the fastest with the right answer receive the most praise. However, today’s best managers know that answering too quickly may not be the best response. Instead, take your time and fully prepare before you decide what to do. Deadlines may be important, but in most cases, there will be other people in your organization to help you meet your deadlines. The manager who is the most ready to make a decision will be the one who is the most successful.

Source: Schwarzman, S. A. 2008, June. The best advice I ever got. Harvard Business Review, 31.