One surprise for me about social media is Foursquare has made be more patient. Not really PATIENT, mind you, but more patient than I usually am while waiting at retail stores. Instead of being my usual impatient self while cooling my heels in a non-moving checkout line, I’m now usually pre-occupied with checking in on Foursquare.
That personal change got me thinking about the distinct strategic advantages and disadvantages of patience:
Advantages of Being Patient
- It allows you time for strategic thinking and completely evaluating a situation.
- Things have time to fall into place, presenting a clearer strategic view of what’s taking place.
- You’re okay with waiting until things calm down, putting you in a better position to make strategic decisions.
- It’s likely you’re empathetic to challenges others face, even if you don’t share them.
Disadvantages of Being Patient
- You miss important opportunities to act while you wait for everything to be in place, even things not absolutely necessary to effectively get started with implementation.
- It’s likely you hold out for information that simply confuses or doesn’t add any real strategic value in clarifying a situation.
- You ignore the innovative wisdom that comes from going with your instincts and initial perspectives.
- You may too easily make allowances for team members’ correctable challenges, compromising overall team performance.
There are 4 strategic advantages along with 4 corresponding disadvantages for being patient. Please share your comments – do you think it’s more of a strategic advantage or a disadvantage to be patient? – Mike Brown
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