Every Decision Has a Shelf Life

Not every decision needs to be made immediately.

But very few decisions can be delayed indefinitely without consequence.

Sometimes waiting is appropriate. More information is coming. Circumstances are changing. There is a legitimate reason to preserve flexibility.

Other times, delay is simply avoiding a difficult choice.

And that has a cost.

Options disappear. Problems become more expensive to solve. People begin making assumptions because they lack direction. Opportunities move on.

I’ve found that one of the more important questions in decision-making is not simply:

What should we do?

It is also:

When does this decision need to be made?

Those are different questions.

A decision that is reasonable today may not be available tomorrow. And a decision postponed long enough can eventually be made for you by circumstances.

Good judgment includes knowing when to wait.

It also includes recognizing when waiting has become the greater risk.

Every decision has a shelf life.

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The Loneliest Seat in the Company

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The Weight of the Executive Chair