3 Reasons To Empower Teams To Help Minimize The Impact Of Cost Reductions

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Here are 3 reasons to empower teams to help minimize the impact of cost reductions:

Cost reduction:

it carries smaller costs than waiting for leaders to direct activities and make decisions. Even in nature, many organisms choose to be self-organized over having leaders, blueprints or recipes in complex systems, such as ants or termites. A colony of termites can exceed a half million individuals builders, so a decentralized system is much more effective.

, and develop various communication channels to increase interactions across team members, not only with the leader.: everything is variable. While you empower your team, they will become sensors to help detect and deal with issues in the future more quickly than if you had to do it all by yourself. As part of the leadership team, encourage associates to set up goals and be owners of their work. Your role is to unlock the team’s potential by promoting interactions among team members. Avoid being their regular contact and decision-maker.Make it more a pull system where they ask for help, not a push where you tell them what to do and when.

Shifting the leadership style will help your company become more agile, flexible and productive during this period.

 

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