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“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

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Simplified Meaning:

Big organizations sometimes use the same rules for everything, which can make them slow and less creative. This way of making decisions causes them to avoid risks and not try new things, leading to fewer new ideas and innovations.

Related tags
Business innovation Business strategy Decision making Risk aversion
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