This quote by Lee Iacocca highlights the importance of timeliness in decision-making. It suggests that even if a decision is technically correct, if it is made too late, it can become ineffective or detrimental. The key idea is that timing can be just as critical as the decision itself. In many situations, opportunities and circumstances are time-sensitive, and failing to act promptly can negate the potential benefits of the right decision. Essentially, an otherwise good decision loses its value when it is not executed in a timely fashion.
Quote By: Lee Iacocca
Lee Iacocca was an influential American automobile executive best known for his leadership at Ford Motor Company and Chrysler Corporation. Born on October 15, 1924, in Allentown, Pennsylvania, he played a crucial role in the development of the Ford Mustang and is credited with rescuing Chrysler from near bankruptcy in the 1980s by implementing turnaround strategies and innovative marketing campaigns. Iacocca became a public figure and author, renowned for his charisma and vision in the automotive industry, leaving a lasting legacy in American business.
Bio added on: 2025-03-15 04:58:54