Archive for August, 2010
Advice: Good, fast, cheap: pick any two.
I’m sure it started as an MBA-level diagram at either Harvard or Yale, but I first saw it on a t-shirt of all things – a triangle with the words ‘Good’, ‘Fast’, ‘Cheap’ at the corners, and the phrase ‘Pick any 2′ underneath.
It’s an intriguing proposition that not only holds up pretty darn well under scrutiny, but also gives us in the world of business a chance to pause for a minute, and figure out where we are on the diagram – and where we’d like to be.
Thinking it through, there’s three obvious combinations, and a few other less obvious possibilities. Let me walk you through them, and try to find out where you sit…