West Somerton October
- By Richard Walters
- 25 Oct 2017
- Monthly Updates
There are two types of mistakes made in business; those of action or inaction. The first type involves making a decision that turns out to be (demonstrably) erroneous. A company may decide to buy equipment that is poor quality, hire staff who are underutilised or even acquire a new company that turns out to be weak or a poor fit. The second type of mistake is, conversely, that of inaction ie deciding to do nothing for fear of the consequences (and the risk to the...