Part 6/9:
Empower your team to tackle minor cost-related issues independently. By allowing employees to spend a small amount (like $50) to resolve problems without prior approval, you eliminate bottlenecks and encourage initiative. This promotes a culture where team members can swiftly address issues without feeling stifled by bureaucracy.
Law 7: Lead Like a 5-Year-Old
Encourage team members to seek solutions independently rather than providing all the answers yourself. By fostering an environment where team members come prepared with a problem and proposed solutions (the “131” model), you teach them accountability, encouraging strong problem-solving skills.