Give Your Team A Blank Check

Photo by Money Knack on Unsplash

For any business to operate and succeed sometimes even they need a big check, preferably a blank one! Regardless of whether or not you possess the authority to control the company’s financial matters, you have the ability to bestow an intangible form of support through the establishment of trust. By conveying to your team that they have the freedom to explore new opportunities, they are more inclined to assume responsibility for a challenging undertaking.

According to research findings, a mere 4 percent of employees exhibit a willingness to exert additional effort in situations where empowerment levels are low. However, a significant 67 percent of employees demonstrate a willingness to go the extra mile when empowerment levels are high.

Watch: With empowerment comes responsibility, for both managers and their teams. The subsequent video provided by the esteemed Kellogg School of Management presents a set of guidelines for granting autonomy and utilizes the case study of Oreo cookies in international markets to exemplify their argument.

https://youtu.be/-WAD_xBkZgE

Consider the most exceptional project in which you have participated and identify the factors that contributed to its success. Was it the composition of the team, the organizational framework, the lucidity of objectives, or the autonomy to pursue them? Assess the elements that functioned effectively and endeavor to incorporate such resourcefulness into your present team.