Question: Hi Can you please help with the below Question 7. Better a good decision quickly than the best decision too late. Harold S Geneen: CEO

Hi Can you please help with the below

Question 7.

"Better a good decision quickly than the best decision too late."Harold S Geneen: CEO of ITT

"Most people spend more time and energy going around problems than trying to solve them."Henry Ford: Founder Ford Motor Co

While numerous theories have been developed to solve problems and make decisions, the following strategy is generally considered one of the most effective within a business context:

Step 1: Explore the problem
Step 2: Search for a solution
Step 3: Evaluate and act

Using the key points above, develop an expanded seven (7) step decision making and problem solving process which you could implement and effectively communicate to your team.

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