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Company Value: A Bias for Action

The value of having a bias for action in business

Having a bias for action is a company value for TCM. Simply put, a bias for action means taking action quickly and decisively in order to achieve your goals and move your business forward.

First and foremost, having a bias for action helps us stay ahead of the competition. In a world where new technologies and trends emerge quickly, businesses that are slow to respond risk being left behind. By taking action quickly, you capitalize on opportunities and stay one step ahead of the competition.

Also, a bias for action helps us overcome any fear and uncertainty. When faced with a difficult decision or an unknown outcome, it is tempting to delay action or to second-guess yourself. A bias for action keeps us moving forward with confidence, even in the face of uncertainty.

“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and then starting on the first one.”

Having a bias for action helps us build a culture of innovation and experimentation within our organization. By encouraging employees to take action and try new things, we foster a culture of creativity and risk-taking, which leads to new ideas and breakthroughs. Employees are empowered to make decisions, experiment, and move the company forward without red tape or bureaucracy.

Here are some of the steps we take to ensure we have a bias for action at TCM:

  1. Set clear goals and deadlines. Having specific objectives and timelines can help to focus your efforts and make it easier to take action. Set specific targets and use metrics religiously. Break big tasks into smaller, measurable chucks.
  2. Prioritize action over perfection. It’s important to strive for excellence, but sometimes the pursuit of perfection can lead to indecision and inaction. Focus on taking action and making progress, even if it’s not perfect.
  3. Empower your employees. Encourage your team to take ownership of their work and to make decisions on their own. This can help to build a sense of ownership and accountability, which can lead to more action and better outcomes.
  4. Stay flexible and adaptable. In a rapidly changing business environment, it’s important to be able to pivot quickly and adjust your approach as needed.
  5. Learn from your mistakes. Taking action means taking risks, and sometimes those risks don’t pay off. However, by learning from your mistakes and adjusting your approach, you can continue to move forward and make progress.

Having a bias for action is a powerful tool for achieving goals and driving our business forward. By taking action quickly, overcoming fear and uncertainty, fostering a culture of innovation, and empowering your employees, we set our business up for success and stay ahead of the competition. 

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