Approach Quote by Marvin Bower
“Decisions should be based on facts, objectively considered what I call the fact-founded, thought-through approach to decision making.”
About This Quote
Source Book: "The Business of Venture Capital" by Marvin Bower, 1995
Decision making should rely on objective facts and structured analysis.
In simple terms: Use facts and systematic thinking for decisions.
Apply fact‑based analysis.
Themes
Mood
Type
When to use this quote
- strategic planning
- risk assessment
- policy development
- team meetings
Key Concepts
Questions to Reflect On
- When should intuition complement facts?
- How to handle incomplete data?
Over‑reliance on data can ignore intuition.