IDEA #49
Want to do the right thing? Wait a moment …
Delayed decision-making leads to better and more ethical decisions.
What you need to know
In writing Wait: The Art and Science of Delay, Frank Partnoy – a former Morgan Stanley banker turned professor at the University of San Diego – wanted to understand the reasons behind the financial turmoil of 2008. Surveying the academic literature on the impact of timing in decision-making from the fields of finance, economics and psychology, Partnoy concluded that the pace of life of modern capitalism leads to snap decisions being made – to the detriment of achieving the best possible outcomes. ...
Get 101 Business Ideas That Will Change the Way You Work now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
