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Are the best bosses the ones who put off difficult decisions?

How good are you at making the right decision quickly?
It has long been the perceived wisdom that a good leader is a decisive one.

That he or she knows their own mind, and is quick to make the correct call.
This is the type of person who is supposed to be in charge, we are told, whether they are leading a business, or government department, or even managing a football team. They get things done.
Yet what if this commonly held opinion is wrong? Would it actually be better to put someone in charge who, if not a ditherer, procrastinates? Someone who puts off coming to a decision?Yet what if this commonly held opinion is wrong? Would it actually be better to put someone in charge who, if not a ditherer, procrastinates? Someone who puts off coming to a decision?
That's the opinion of business psychologist Prof Adam Grant, who explores the issue in his recent book Originals: How Non-Conformists See The World.
Prof Grant, from the University of Pennsylvania's Wharton business school, says that procrastinating - be it putting off making a decision or setting a project start date - can actually open a company boss's mind to more creative thinking, and lead to a more opportune time to launch a new product.
"Procrastination lets you have time for your ideas to percolate... and new technologies to emerge," he says.Prof Grant's opinion is that business leaders should "explore new ideas early, but delay the execution of them long enough to give yourself access to unexpected insights".
Or in other words, "be quick to start and slow to finish" a new project.
Prof Grant spoke to Google co-founder Larry Page and Amazon founder Jeff Bezos when researching his book.
He says they both admitted to him that they often delayed decisions until the last possible minute, because, in the words of Prof Grant, they "want all the information on the table, and want to give themselves a lot of time to process that information".Such an approach may have contributed to the success of both companies, who were able to speed past one-time rivals who had gone to market earlier - Charles Stack Online Bookstore, and former leading social network MySpace.

'Takes time'

Not so fast, says Joseph Ferrari, a professor of psychology at De Paul University in Chicago, and author of more than 65 studies on procrastination.
He says that putting off making decisions can be destructive. "Other people are going to be affected by someone delaying a project, or an assignment," says Prof Ferrari.He cautions that when some people procrastinate they are in fact delaying tasks to try to shift responsibility away from themselves.
He concludes that if a project or decision is left until the last minute, such is the rush that errors are more common.
While Prof Ferrari cautions against procrastination, Rita McGrath, a professor of management at Columbia Business School, says that firms cannot usually make a correct decision quickly.
Are the best bosses the ones who put off difficult decisions? Are the best bosses the ones who put off difficult decisions? Reviewed by Unknown on 11:08:00 Rating: 5

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