Friday, April 28, 2017

Here's How Amazon's Jeff Bezos Makes Great Decisions, Super Fast

Great Decisions, Super Fast, By Jessica Stillman Inc.Mag.

"...most decisions should probably be made with somewhere around 70 percent of the information you wish you had. If you wait for 90 percent, in most cases, you're probably being slow. Plus, either way, you need to be good at quickly recognizing and correcting bad decisions. If you're good at course correcting, being wrong may be less costly than you think, whereas being slow is going to be expensive for sure.