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Even where there is no will, there is a way. There is a difference, of course, between chronic procrastination and purposeful postponement, particularly in the higher echelons of business. Corporate dynamics encourage the caution that breeds delay, says Richard Manderbach, Bank of America group vice president. He notes that speedy action can be embarrassing or extremely costly. The data explosion fortifies those seeking excuses for inaction-another report to be read, another authority to be consulted. "There is always," says Manderbach, "a delicate edge between having enough information and too much...

Author: /time Magazine | Title: Time Essay: The Fine Art of Putting Things Off | 6/10/1974 | See Source »

Died. Mrs. Ellsworth M. Statler (nee Manderbach), wife of the famed hotel man, of pneumonia, in Manhattan...

Author: /time Magazine | Title: Milestones: Nov. 9, 1925 | 11/9/1925 | See Source »

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