Anticipate and plan for problems by developing effective feedback systems to correct problems before any damage is done. Every manager, especially new managers, should establish personal deadlines to conquer analysis paralysis. As you become more experienced, you'll find it easier to set realistic time lines. Know When Computer Analysis Helps and When It Doesn't Computer analysis is wonderful when intelligently applied. But when not properly understood, computers may confuse more than enlighten.
Inaccurate data can aggravate perplexing situations.
Spreadsheet design and data input can take inordinate amounts of time compared to a decision's ultimate value. It may be more efficient to make some decisions without detailed number-crunching. Also, little mistakes in spreadsheet data input can prove costly. A formula error or incorrect data can conceal a significant loss. If an answer isn't logical, recheck your figures.