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	Friday, October 22, 2004

Speed of Decision Making   ( quotes ) This is an Excerpt from a book called Future of the Enterprise by Sayling Wen, who was a well known Taiwanese industrialist and philanthropist.  His book was published by Asia Pac Publication, and sorry, could not find it in Amazon.  He talks about the importance of the speed in decision making. "I always request that all decisions, major as well as minor, be made within one hour. The decisions on whether something can be done, and whether or not we want to do it, are to be made within one hour. This is the policy of present-day enterprise management because in this high speed age, while the cost of an erroneous decision might just be to rectify the error, the cost of a slow decision could well be death." 5:56:45 PM     comment []   trackback []