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Empowerment accelerates continuous improvement | Global Banking and Finance Review
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Empowerment accelerates continuous improvement | Global Banking and Finance Review

According to Larry Sternberg of Talent Plus Inc., empowerment is giving employees the authority to make decisions and take action without seeking prior approval. We often see this in a typical office setup where it requires a lot of approval from the management before a change can be implemented. It is proven that leaders who empower their people to make their own decisions have a better chance of being ahead of the business. However, the dilemma is that managers cannot give up their accountability to deliver results. Empowerment requires great trust in your people and work culture must be improved. It is a leap of faith and it also involves risk, but it has been guaranteed to provide satisfaction in developing people.

Source: https://www.globalbankingandfinance.com/empowerment-accelerates-continuous-improvement/

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