To take a few wrong decisions are far better than not to take any decision, in fact indecisiveness is the biggest crime in management and in business it is widely seen that business decision maker are maily focused on competitors and resources. only a smart businessman is always concious about time factor.
Time is also an iimportant resource but since it is intangible, we have the habit of convenintly forgetting the time factor. Itmust be kept in the mind that most the factors of business and business environment are dynamic they keep on the changing with time. The information we might have collected for decion making might be irrelevent with the change of time. The decision which could have been effective for one time point may not be correct for the another time.
Secondly the it has been observed in the cases of many successful enterprenures, that their life turning decisions are taken very quickly and implemented very quickly.
Enterpreneures develops their enterprise
Manoj Kotak
Management Consultant
4MP Management Consultancy
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