bias (noun, bi-as, \ ˈbaɪəs \) for action (noun, ac-tion, \ ˈækʃn \)
Definition: is an individual’s or company’s inclination to make important business decisions without having a sufficient amount of relevant information or conducting a careful analysis process beforehand. In essence, this is the embodiment of the “act first – ask questions later” approach, which has been actively promoted by Tom Peters as a characteristic of an efficient company that is ready to take calculated risks if they will allow it to get ahead of the competition.
In a Sentence:
- If you want your app-making company to succeed, you need to adopt the bias for action approach, as otherwise, you’ll always be trailing behind your competitors.
- Ever since its establishment, Tesla has always demonstrated a bias for action.
- Our new manager possesses an incredible bias for action, trying to implement all new ideas as soon as they pop up in his mind.
Synonyms and related words: bias, anchoring bias, contemplation, self-serving bias, analysis
