Decision Quote by Michael Dell
“I can't ever remember being struck by lightning when making a big decision. It's always about taking in more and more data points and making tack adjustments as you figure it out. I call customers, suppliers, industry analysts and try to get as much information as possible.”
About This Quote
Source Interview: Business Strategy, Michael Dell, 2022
Decision making improves by gathering data, consulting stakeholders, and adjusting continuously.
In simple terms: Collect data and adjust decisions.
Key Takeaway
Iterate decisions with feedback.
Themes
business
decision-making
data
consultation
Mood
analytical
pragmatic
Type
motivational
strategic
When to use this quote
- product launch
- investment planning
- market analysis
Key Concepts
systems thinking
adaptive strategy
Questions to Reflect On
- How to know when enough data is gathered?
- When to trust intuition over data?
A Different Perspective
Too much data can cause analysis paralysis.
