“One common pitfall for large organizations – one that hurts speed and inventiveness – is 'one-size-fits-all' decision making...The end result of this is slowness, unthoughtful risk aversion, failure to experiment sufficiently, and consequently diminished i”
— Jeff Bezos
Copied to clipboard
Simplified Meaning:
Big organizations sometimes make the mistake of using the same approach for every situation. This can slow them down and make it hard to try new things. For example, a company that enforces the same strict rules for all its projects, no matter how different they are, might miss out on better ways of doing things. Workers might be too afraid to take risks or suggest new ideas because they think it won’t be allowed or supported. As a result, the company becomes less innovative and falls behind competitors who are more flexible and willing to experiment. To avoid this, leaders should allow different methods for different situations, encouraging creativity and faster decision-making.
FEATURED QUOTES
