Waiting is useful when the situation is still revealing itself.

Situations that are still developing give you unreliable information, and decisions made from unreliable information tend to need undoing. When something is actively changing shape, the most useful thing you can do is often to watch carefully. This is not passivity; it is refusing to commit to a picture that is still moving.

Ask whether the facts in front of you are settled or still shifting. If they are shifting, set a period of deliberate observation rather than acting. Decide what you are watching for so the waiting has a purpose.