Anne Mulcahy, CEO of Xerox, talks about decision making - and about waiting too long to do things. I think it is true - waiting it out won't make the problem go away. And that is the most important thing in business: Get in, fix it, get out.
One thing that I like the most that she said is the need for speed and clarity. Clarity is needed to understand where exactly the business and the organization are headed - and that vision needs to be upheld with utmost clarity amongst all stakeholders. It's what guides speed.
I always go back to one of the things that coach told me: Being efficient is not necessarily being effective. Being efficient is doing things fast and as quick as possible; being effective is doing the right thing. And keeping the right thing in mind - perhaps, even as the backbone of the every decision and action - directs and guides and roots any and every decision.
