Source: "Information Processing as an Integrating Concept in Organizational Design." 1978, p. 614
“When action grows unprofitable, gather information; when information grows unprofitable, sleep.”
Source: Hainish Cycle, The Left Hand of Darkness (1969), Chapter 3 “The Mad King” (p. 42)
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Ursula K. Le Guin 292
American writer 1929–2018Related quotes

Scientific American June 18th, 2013, regarding the need for noninvasive wearable devices http://www.scientificamerican.com/article/next-big-thing-wearable-gadgets-very-small/.
Source: Business Systems Planning and Business Information Control Study: A comparison, 1982, p. 31

The Hill http://thehill.com/policy/international/232703-kosovar-president-atifete-jahjaga-the-four-key-ingredients-for-peace

Quoted in Time Magazine: ARMED FORCES: Man Behind the Power http://content.time.com/time/magazine/article/0,9171,936815,00.html, 25 February 1957.

“It's only gossip if you repeat it. Until then, it's gathering information.”
Source: Intrigues

"Buffett on Bridge" at Buffetcup.com (2013) http://archive.is/o4keX<!-- obsolete link — no longer posted at this page as of 2014·08·28: http://www.buffettcup.com/Default.aspx?tabid=69 // also quoted in "18 Reasons Why Wall Street Loves Bridge" by Lucas Kawa at Business Insider (1 January 2013) http://www.businessinsider.com/why-wall-street-plays-bridge-2012-12?op=1-->
Context: The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop. You do whatever the probabilities indicated based on the knowledge that you have at that time, but you are always willing to modify your behaviour or your approach as you get new information. In bridge, you behave in a way that gets the best from your partner. And in business, you behave in the way that gets the best from your managers and your employees.

1990s and beyond, "The Agenbite of Outwit" (1998)