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The 80% Solution and Conserving Leadership Capital
Embracing the 80% solution plan builds up leadership capital and promotes humility, self-awareness, and improvement. Acknowledging being out of balance is a significant step in the solution. Insisting on being right may lead to trade-offs, especially in relationships. Leadership decisions should heavily consider the impact on relationships, even if it may cost more financially. In some cases, prioritizing relationships over cost can lead to building more trust and collaboration.