EMPIRICAL CEO ADVICE 2: Never regret doing your best if you exhausted all possib

EMPIRICAL CEO ADVICE 2:

Never regret doing your best if you exhausted all possible sources of information. Most of the time, the worst that happens is you learn something. But if you do not exhaust all sources of information, and you ask people to trust your judgement then the worst does happen: people lose trust in you. The best way to preserve your trust is to involve others in the decision process and to exhaust all possible sources of information. If you fail, the group will preserve their trust in you – if only because they shared in trying to solve the problem. Most of the time if you try to take a discount on risk and effort it is by not exhausting all sources of information. There are no discounts on diligence.