Fast or Slow?
How do you know when your current decision should be made slowly: contemplative, collaborative, deliberate, data-driven, even agonizing?
We like to talk big about our ability to lead, to overcome the many obstacles life places in our path, and we are quick to take credit for every successful outcome in sight.
But for most of us, that’s just talk.
Instead, our fear of making mistakes is so great, we deny, delay, or side-step anything that requires more thought than ordering lunch.
Jason Cohen has a better idea.
Decision Making: A Scorecard from A Smart Bear
We all know that startups should make decisions quickly. Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead.
But some decisions should not be made in haste, like a key executive hire, or how to price, or whether to raise money, or whether to invest millions of dollars in a new product line.
How do you know when your current decision should be made slowly: contemplative, collaborative, deliberate, data-driven, even agonizing?
I’ve made the following scorecard to figure out whether it’s wise to go slow:
Read More about Jason’s scorecard here ==>
*Feature post photo by Chris Liverani on Unsplash