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How fast should business decisions be made?

King Belieal

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When it comes to making business decisions, timing is important. And in that, there must be a balance too not to go too fast or too slow.

For a regular challenging situation happens in business like failure in supply chain or resignation of a staff, how fast should decisions to manage that be expected to be made before a gap surfaces?
 
Decisions should be made as fast as possible but at the same time ensure you are making the right decision cause the wrong move can completely break the business.
 
When it comes to making business decisions, timing is important. And in that, there must be a balance too not to go too fast or too slow.

For a regular challenging situation happens in business like failure in supply chain or resignation of a staff, how fast should decisions to manage that be expected to be made before a gap surfaces?
It depends on how urgent is the business decision. If failure to make decision will affect the business functionality, then the decision should be immediately.
 
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