b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Small Business Boomers

The Perfect Vs The Good

by jim on December 5th, 2007

Bloggers, radio, newspapers and television will cite many individual cases to say that the sub-prime mortgage program proposed by the US Treasury is flawed.  Big deal, everything human is flawed.  The program will do a few things and skip over others.  Primarily it will allow the financial market to get its arms around the risk involved with the situation.  It won’t save everyone who deserves to be saved or punish everyone who deserves to be punished.  It will slow down the ultimate fallout so that more people will be able to understand what is happening and act accordingly.  That is a very good thing for everyone.

Perfect plans take a very long time to set up.  Oh, and as any military person will tell you, all bets are off when the first shot is fired.  A good plan with a reasonable level of flexibility can be implemented in a timely manner.  Timeliness is its most important feature.  It changes the momentum of events.

So, always make it a rule to never let the perfect be the enemy of the good.

POSTED IN: Finance

0 opinions for The Perfect Vs The Good

  • No one has left a comment yet. You know what this means, right? You could be first!

Have an opinion? Leave a comment: