On the one hand, there is slow and deliberate. This offers you the best chance to "get it right the first time" and cut down on expensive and time consuming work arounds. It usually also follows a collaborative process which means everyone has a say, and (in theory) keeps morale up. The challenge with this one of course, is that slow and deliberate can easily morph into "indecision" if you aren't careful. There's nothing more crippling than indecision.
On the other hand, there is fast and agile. Focus, analyze, develop, and execute in 48 hours and go...and go...and go faster. This definitely delivers your speed to market...but it definitely increases the loopholes and trap doors into which things can fall. The flip side of this is that, I'm starting to believe that people that move this quickly and nimbly in today's marketplace are going so fast, that by the time all the competition notices that a mistake was made...it's too late because it's already been fixed and is in the rear view mirror.
As this blog is about balance...I feel like I'm supposed to say the proper mix is somewhere in between, but I don't fully believe that. For those of us that are in a company or an industry that is trying to dramatically change culture or shift paradigms, we need to be fast and agile. For those of us that are in industries where things like continuous process improvement is key...then slow and steady probably wins the day.
All I know is...my buddy that is out in the market place and moving fast is having one hell of a good time doing so.
The only people smarter than him are my friends that are bartenders and waiters. Now...truly...THESE guys have the right idea. They always have money for a beer and always can find time to get a cold one with friends. Lobster season in the keys? No problem...they can take a week off and head down. Surf's up? No problem...they always have time to paddle out! Actually...it's this crew that has the right idea and have definitely struck the right balance! I think I need to go join them!
Namaste