It's that time of year when the kids are heading back to school so its seemed like good time for a news primer. When it comes to making decisions on behalf of your business, there are 3 key news factors to consider: speed, accuracy and reliability.
While I don’t particularly get a lot of amusement from the term, I did have to laugh the first time I heard somebody use the term “analysis paralysis.” It’s the perfect term for that situation at work (or at home) where everybody knows an important decision has to be made – possibly quite soon – but there’s so much unfocused information that it’s difficult to sift through all of it and make a solid decision based on just the good information. After all, a 2007 study done at Cornell University determined that the average person makes 227 decisions a day just about food.
Topics: decision making