Myth:A good decision should be defined by its outcome.

Truth:A good decision should be judged by the process used, not the results achieved.

I am a manager at a company, I just made a decision that cost the company a WHOLE bunch of $$.It was a bad decision.But here's the the thing, I analyzed all the data that I needed to cover to make that decision.I studied all the different options the company had, I got insight from all the stakeholders.I studied my decision very carefully before finally executing it.And there is another manager, he thought about the same problem for 2 mins and made the right decision, and saved the company lots of money, but he didn't review any data, didn't talk to anyone.He thought about it while drinking coffee, but made the write decision.If you own that company, which manager would you trust more?No wrong answers, just share what you think.