There are two extremes managers can fall into. One type believes that you need lots of information to make a good decision. This manager gathers data, facts, and information and continually evaluates his or her beliefs as to the best course of action based on new information coming in. This delays making the decision. The other manager goes by intuition and “gut” feeling. This manager makes decisions quickly without waiting for more information to come in.
How does a virtuous leader know how much information is enough to make a wise decision?
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