Quote of the Day

“If executives need lots of data before they feel comfortable making a decision, chances are they will not act until it is way too late. Don’t get me wrong, data are extremely valuable. It’s just that, if we insist on too much data, we will often miss significant changes on the horizon. This isn’t just about analysis paralysis; it’s much more insidious.
(snip)
… To avoid being blind-sided, we need to pay equal attention to stories and train ourselves to detect patterns in the stories, even if the data supporting the stories remains fragmentary. Stories are generally our first indicators that something really interesting is about to happen; something that data will only reveal to us in full force much, much later.”
–John Hagel, writing on what he calls “the greatest obstacles standing in the way of executives as they seek to create and capture more value for their stakeholders.”
(Via Matt MacAllister)