Every credit professional I know is under increased pressure to go faster; to get more done in less time and with fewer resources. Ignore for the moment the additional stress associated with producing better results at a lower cost, and you are left with this: The time pressure that most of us are under will result in oversights and errors.
Often, the time you save by reacting rapidly will be spent cleaning up the problems created by responding too quickly. By reacting rapidly, we are failing faster. What’s the solution? My answer is: Slow down, you move too fast….♯♪
By Michael C. Dennis. Michael has authored more than 1,000 essays on the Encyclopedia of Credit. Please visit: www.