In 30 seconds
Businesses seem to be paralysed by indecision these days. The number of people involved in the decision-making process, the amount of information available, and the risk-averse culture plaguing many businesses keep them stuck in a valley of indecision. To climb out, companies need to have clear goals, a defined strategy, and foster a culture that encourages taking calculated risks without fear of retribution for honest mistakes.
As Richard Pratt wisely noted, “Timing isn’t everything. It’s the only thing. It’s better to be approximately right at exactly the right time, than exactly right at the completely wrong time.”
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