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Tag Archives: decision making

A good management philosophy from the Marine Corps

4 UNIVERSAL TENETS OF MARINE CORPS PROBLEM SOLVING (From this great article in Fast Company by E.B. Boyd, with great photography too.) 1. EMBRACE THE 70% SOLUTION If there’s 70% confidence, Marines make those choices…now. “Between a good decision now and a great decision later, you choose the good decision now,” says Capt. Jake Owens. […]

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Newsletter: #974: The “Making the Decision” Issue

[Welcome back to the Damn, I Wish I’d Thought of That! newsletter. This is text of the great issue all of our email subscribers just received. Sign yourself up using the handy form on the right.] Having too many options can be a problem. With a world of reviews, choices, and customization at your customers’ fingertips — […]

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The entrepreneur’s decision time

A friend is deep in a startup that isn’t going as expected. He’s out of money, and he’s exhausted. He has some choices: Switch to a lean-and-mean, do-it-with-three-people-and-no-cash strategy around the original vision. Or shut it down. Or focus on customer acquisition to get it big enough to sell (and bet it all on a […]

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