In today s business environment, it is highly recommended that you enhance productivity by empowering people and giving them a greater stake in ownership of the company. Empowering People Employees should have a sense of ownership in the business. Not just in financial terms, but in claiming some degree of influence over the success or failure of the company based on their job performance and business judgment. Empowering people requires you not only to provide objectives and specify parameters, but also to authorize employees to make key business decisions in their everyday activities based on your trust and belief in their judgment. Allow for a period of time to see the effects of empowerment.
People can be hesitant at first about exerting their increased authority in fear of reprimand.
However, if you coach your team and support their decisions by providing positive reinforcement and constructive feedback, you will unleash their confidence to perform at their highest levels.