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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Pogeu Mahone who wrote (432752)	6/22/2011 9:34:23 AM
From: D. Long	Read Replies (1) \| Respond to of 794203

Every decision has a cost that has to be balanced against other costs. Add to that fact that humans are not prescient, and can't see the true future cost of any action. There is a lead time for information. "Festering" may be simply there was not enough information to management to make a change of decision. This is why there is such a thing as "the business judgment rule" in corporate law. Everyone always makes better judgments from the back seat with 20/20 rear-view vision.