Decision Quote by Lee Iacocca
“Even a correct decision is wrong when it was taken too late.”
About This Quote
Source Interview: Business Leadership, 1995
A decision made correctly but too late loses its value and can cause harm.
In simple terms: Timing is crucial for good decisions.
Key Takeaway
Act promptly when you know the right choice.
Themes
decision making
timing
leadership
business
Mood
urgent
pragmatic
motivational
Type
business
leadership
When to use this quote
- product launches
- market entry
- crisis response
- team management
Key Concepts
strategic management
opportunity cost
risk assessment
Questions to Reflect On
- How do you improve decision speed?
- What processes ensure timely action?
A Different Perspective
Delays can erode advantages.
![“They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.” quote by Lee Iacocca](https://sms4smile.com/quotes/img-quotes/8cc/lee-iacocca-3170_bureaucracy_they-re-on-you-day-and-night-their-overs_145905.jpg)
