In this episode, I discuss what decision-making authority is in your business and why it is important. I share how to hand over more of your decision-making power to build trust and confidence with your team.

 

I explore the reasons why clear decision-making power is essential to ensure the smooth operations and growth of your business. I share some real life examples of decision-making authority and also highlight some of the frustrations that can arise when there is a lack of decision-making clarity. 

 

I hope this episode encourages you to define your own decision-making authority for each team member, and empowers you to reflect upon some of the small decisions you can hand over to your team sooner rather than later. 

 

Highlights

 

• Why clear decision-making authority is essential for the successful operations and growth of your business.
• How a lack of clarity in decision-making power can lead to frustration.
• How to explicitly define decision-making authority for each team member to empower them and avoid unnecessary checks and delays.
• How to start with small decisions and gradually hand over more decision-making power to build trust and confidence with your team. 

 

Chapters

 

00:00 Introduction and Personal Reflection

02:20 The Importance of Decision-Making Authority

08:02 Examples of Decision-Making Authority

13:22 Handing Over Decision-Making Power

22:44 Deciding Decision-Making Authority Early

24:41 Flexing the Decision-Making Authority Muscle

25:11 Conclusion