Good enough performance or outcomes should be considered in all decision-making activities.
Although striving to be the best-in-class for every activity in a business might seem to be a worthy goal, to attain it would require unlimited resources. The reality is that being “good enough” is far more effective, allowing the efforts to reach best-in-class performance to be applied to only a handful of strategically key activities. During a decision-making process, the larger context needs to be considered, and a good enough question should be asked regarding the particular issue in question.
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Filename:
4.060305_Good-Enough-is-OK.pdf
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4.06_Management, V4_Managing a Company
Article_No:
4.060305
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