One of my favorite quotes from, leadership consultant, John W. Gardner is, “The first step is not action, it is understanding.”
I believe this relates to the below. Without true understanding it is easy to run amok with micromanagement and/or action for action’s sake.
"Some people say CEOs should be careful not to micromanage. What I was focused on is micro-understanding because if you don’t understand the business down to where the rubber meets the road, you [can't] make decisions at the top."