A fascinating, research-backed insight into how delay is toxic for introducing change and innovation - and how a leader's speed is a powerful predictor of overall leadership effectiveness.
The author of the linked article, Jack Zenger, writing for Forbes, also identifies 3 simple ways for leaders to improve innovation within their businesses and the skill sets needed to achieve this successfully.
Delay can be caused by many different factors: lack of certainty about the change in contemplation, decision-making practices that require a committee-based buy in rather than delegated decision-making, perfectionism, licensing or regulation... the reasons don't really matter if the outcome is that the change or innovation in question never really achieves its purpose or potential.
It's worth a read.
The wonderful thing about using innovation to increase speed is that when you implement it well, it becomes an independent and powerful force that propels the organization forward. It augments leaders and increases their performance. Knowing this, a key question to ask yourself in 2017 is: “What is holding me back from being more innovative?” Your delay may be limiting you more than you know.