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100 More Great Leadership Ideas by Jonathan Gifford

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TAKE CALCULATED RISKS

 

The idea

Anne Mulcahy of Xerox argues that not to take calculated risks is to start moving backwards. ‘Decisiveness is about timeliness,’ Mulcahy told McKinsey Quarterly. ‘And timeliness trumps perfection. The most damaging decisions are the missed opportunities, the decisions that didn’t get made in time. If you’re creating a category of bad decisions you’ve made, you need to include with it all the decisions you didn’t get to make because you missed the window of time that existed to take advantage of an opportunity. ...

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