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The Art and Science of Delay

Public Affairs, 2012 más...


Editorial Rating

7

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  • Applicable

Recommendation

In this thought-provoking study of decision making, professor Frank Partnoy argues that people make the best personal and professional choices when they take their time. Too often, human beings act quickly when it isn’t necessary. Partnoy helps you understand the mechanics of your thinking so that you can arrive at informed, unhurried decisions. For those who would relish a more leisurely pace, getAbstract recommends this cogent argument that time is on your side.

Take-Aways

  • Speed does not guarantee efficiency; making hasty decisions is often counterproductive.
  • Follow three fundamental steps of decision making: “observe-process-act.”
  • Professional athletes in “superfast sports” process information in milliseconds.

About the Author

Frank Partnoy is the George E. Barrett Professor of Law and Finance at the University of San Diego.


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    D. B. 1 decade ago
    Wait for it... wait for it...NOW!
    You can't rush a flower opening, incubation is perhaps the most important piece of creativity, and waiting for the dough to rise ensures a better loaf. How many generals have waited for just the right time to commit the reserves rather than rushing in? How many negotiation styles depend on feeling the other side out? If you need more time, try to take it until your gut feels it is time to act. This sounds like a wonderful reminder that judgement and wisdom sometimes take time. Take the time to do it right? Well, if you can afford to, for sure.

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