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I am a jack of some trades and definitely a master of none. That doesn't mean I haven't had some experience and a handful of opinions to go with it. All of the opinions expressed here are my own and do not reflect the views of my employer

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3 January 2023

Opening doors without closing others

by Mark J Menger

doors opening onto gardens

Opening doors to innovation

pathways to opportunities are the foundation of innovation

Don’t close other doors

All-in strategies needlessly close doors creating unmanaged risk and stifling future opportunities for innovation and optimization

deferred decision making

If you can make a decision today that allows you defer strategic decisions, you can realize important benefits. These can include:

Improved accuracy: Deferring decision making allows you to gather more information and consider a wider range of options, which can help you to make more informed and accurate decisions.

Increased confidence: Taking the time to carefully consider your options can increase your confidence in the decision you ultimately make.

Reduced stress: Rushing into decisions can increase stress and lead to regrets or second-guessing later on. Deferring decision making can help to reduce this stress by allowing you to approach the decision-making process more deliberately and thoughtfully.

Increased creativity: Deferring decisions can also allow for more creative thinking, as it gives you the opportunity to explore a range of options and consider different perspectives.

Better outcomes: Ultimately, deferring decision making can lead to better outcomes, as it allows you to make more considered and well-informed choices.

quotes?

“It is better to sleep on things beforehand than lie awake about them afterwards.” - Baltasar Gracian

“Sufficient to say, the more decisions that you are forced to make, the more mistakes you are likely to commit.” - Nassim Nicholas Taleb

tags: technology - lean - innovation - strategy