Decision-making: faster or fewer?

Elon Musk says “It is better to make many decisions per unit time with a slightly higher error rate, than few with a slightly lower error rate, because obviously one of your future right decisions can be to reverse an earlier wrong one, provided the earlier one was not catastrophic, which they rarely are.”

**WRONG! As you scale, you need to focus on building three assets: Credibility, Capability and Cashflow. Hasty decision-making not only costs you in credibility and capability, but will impact your cashflow. And it only takes one erroneous decision to have a catastrophic outcome… where people die. Case in point: Boeing. #scaling #strategy #execution