Two kinds of decisions, one speed

Most firms apply the same deliberation to choices they could undo in a fortnight and ones they will live with for a decade, and pay for it twice.

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A pattern worth noticing in your own management meetings: a software purchase worth a few thousand pounds a year attracts three vendor demos, a comparison matrix and six weeks of calendar. In the same period, a senior hire gets two conversations and a gut call, an exclusivity clause is agreed on a phone call, and a price rise is announced to the whole customer base in a Tuesday email. The deliberation was not sorted by how much the decision mattered. It was sorted by how much the invoice was, how…

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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.

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