How to avoid FOBO

Leaders must accept that decisions come with downsides, trade-offs, and the risk of failure. Otherwise, they are too slow to react.

With that acceptance in mind, leaders simply must move forward and make the best decision they can.

In a world where innovation is the currency of effective leadership, indecision can be fatal. Blockbuster, Borders, Blackberry, Yahoo, and others failed to innovate, perhaps succumbing to FOMO, FOBO or both.