Ep. 49 Peter Koenig on source, money and consciousness
Leadermorphosis
The Importance of Delegating Decision Making Power
In a hierarchical structure, the founder is the ultimate responsible party who makes decisions for the entire organization. Within the organization, there are 'sub sources' or specific sources responsible for making decisions in their designated areas. These individuals should have total agency over their domain. The founder's role is to ensure that these decisions align with the overall goals of the organization, not to micromanage. By delegating decision-making power effectively, the founder empowers team members, maintains motivation, and fosters a conducive work environment for innovation and growth.
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