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"So when should you make business decisions? When you have the most information, when you're at your smartest: as late as possible." I disagree. You should mak
by amix 17y ago
"So when should you make business decisions? When you have the most information, when you're at your smartest: as late as possible."
I disagree. You should make decisions when you have enough data and enough understanding to draw a conclusion. For example, gather data for 1 week to figure out where the pedestrians walk (instead of waiting 1 year for the conclusion to be apparent). Gathering data is more work, but for a business it can be very valuable to decide quickly and correctly (first mover, customers won't have to wait 1 year etc.)
- CapitalistCartr 17y agoIn the case of the school, pouring concrete during session won't work. As for "waiting as late as possible', that darned "possible" is always a tricky business.