>while the other is less likely to take a bad decision but will likely take much longer to do it. Process is not free. The bad decision may well be to invest

>while the other is less likely to take a bad decision but will likely take much longer to do it. Process is not free. The bad decision may well be to invest in the process rather than invest in cleaning up after the cowboys. It takes time, labor and money to run whatever process structure you're using. There are many, many cases where various processes grow in scope of things they cover that it reaches a point of absurdity and the cost is greater than the cost of just cleaning up after the cowboys when they screw up. But because the costs are diffuse, hard to quantify and efforts to quantify them are rife with places that less than honest people can inject subjective judgement processes are often allowed to grow in scope or cost until they are so massively huge that the absurdity is undeniable.