EMPIRICAL CEO ADVICE 3: People’s stress is not a reason to make a decision. Much

EMPIRICAL CEO ADVICE 3:

People’s stress is not a reason to make a decision. Much to the distress of my management teams I am perfectly happy postponing tactical decisions until the information is in, and sometimes until it cannot be delayed.

This might sound counter to conventional wisdom but my particular skill is the long horizon I have no problem making strategic decisions – early. Because that is where I spend nearly all of my efforts.

But I have good reasons for delaying a lot of other decisions.

Why? People use early decisions as cheap means of experimentation that exchanges lower effort for offloading risk onto the business. I force them to collect information through research and to continue producing until change in production is necessary. Most middle management bloat and job justification is the result of playing at experimentation rather than self education by research. People are lazy in all walks of life. Progressives spend resources others earned send so does middle management. It’s the c level and the labor that pinches pennies.