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Executive Time Management: 3 questions to ask before allocating capital

Jack Welch was quoted in Fortune magazine saying that when he was CEO of General Electric, one of his major priorities was to allocate capital.

Senior leaders have a cadre of talented and highly trained executives who have great ideas about how to spend those resources.

In this video, I suggest three questions every senior executive must ask his or her team before making a major investment.

Ultimately spending money on worthwhile projects is a good thing. It means your business is growing. But you must, as you know, invest wisely. Trust your people, and trust your instincts more.