Via Business Insider:
Just-in-time is a production strategy aimed at, among other things, reducing the need for excess inventory. Parts are supplied only when needed in the amount needed. While it makes a business more capital efficient, it also makes it more fragile.
We’ve adopted a similar strategy to information gathering. We’re so consumed by noise and busywork that the only time we really seek out signals is when we need it the most: right before we make a decision.
Click the link to see more: Knowledge Workers Look Like Factory Workers – Business Insider
Points:
- “The worst time to look for information is when we need it to make a decision.”
- “…we’re more likely to see what’s unique and miss the historical context.”
- “If we can’t connect the current situation to something we already understand, we might reason that it is not in our circle of competence and thus we shouldn’t be drawing conclusions.”
An argument for ongoing learning, reading, and reflecting. We need to keep building our personal store of knowledge so we have a context against which to evaluate new information.