Saturday, May 9, 2009

Losses from a more 'Perfect' decision

Is there a PERFECT DECISION? Is it worth it?

Like Colin Powell said, 60% information is good enough in most cases for a decision.

You wait for 10% more information,it may make the decision 10% more perfect, BUT it may be too late and the cost of delay may be much more .


Posted from moBlog – mobile blogging tool for Windows Mobile

1 comment:

Anonymous said...

not in all the cases...depends on the situation ...delaying also works..

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