If a slow decision can be just as wrong as a fast one, why should any decision be slow?

The speed of a decision is not what is critical. A right decision can be made either quickly or slowly. It merely depends on how, not how fast, the decision is arrived at. For example, a person can deliberate on the various consequences of an action either slowly or quickly. Whether fast or slow, the person will probably arrive at a good decision. Or, negatively, a person can make a decision without really deliberating on all of the consequences. He or she may take a long time or a short time and still not consider all the necessary ramificaitons of a particular decision. Whether made fast or slow, such a decision may well turn out to be a bad decision.

because a slow decision has a better chance of being right. This is because a slow decision has more thought put into it. However, there are some decisions that if you think about it too much you end up making the wrong choice.

Any decision affects not only a single decision maker, but usually a lot of other people as well.

Hence, in making a decision, the decision maker not only has to manage the actual decision-making itself, but also the communication to others that a decision is about to be made, and what are the current factors involved, and to allow people to give their inputs and air their concerns.

This is called managing expectations, agendas and people. Its a slow but necessary part of the decision-making process, and allows people to feel included and empowered in the process, while giving time for them to prepare for the outcome.

When the decision is finally made, there will be praises and brickbats, but at least the people affected were able to have a say before the decision was made.

when you say "can" you imply that there is the possibility that an answer can be just as wrong as a fast one, but at the same time with this "can", you imply that it could be a much better and well thought out answer, rather than a rushed fast one that was not necessarily thought out.

if you take your time to make a decision, there is more of a chance that it will be a better decision, this is of course, if you have the option of taking your time to make the decision.

you have a better chance to make a more educated decision, because you will have more time to think about it and its possible flaws and other problems you could encounter while making this decision.

There's no reason.

However, I disagree with the premise. A slow decision can be better. If you're buying something expensive, it pays to do your homework, first.

Of course, there are situations where a fast decision is better than no decision. Emergency room work, for example.

I don't understand how a 'slow decision' IS a fast one...unless I guess you say it faster than what people would be considered, 'slow'.

Decisions both slow and fast are OK. But they shold not be hasty.

Why worry about it? Live for the moment.