Product & Startup Builder

Do you use budgets to micromanage your team?

Added on by Chris Saad.

As it relates to alignment and budget, great leadership and team dynamics looks like...

  1. Giving your team a headcount and operational budget at the start of the cycle

  2. Giving the company a clear business strategy at the start of the cycle

  3. Reviewing each team strategy (in response to the business strategy)

  4. Trusting them to execute using the budget/headcount however they see fit throughout the cycle

  5. Reviewing their progress every 1-2 weeks + end of cycle

Bad leadership looks like...

  1. Giving them a budget

  2. Reviewing every spending decision to proxy-control and micromanage all their choices

The former empowers leaders at the edge to make appropriate decisions with maximum buy-in, responsibility, and accountability.

The latter slows everything down, creates perverse incentives & outcomes, and demoralizes your best people.

Hire great people, trust them, and hold them accountable for their outcomes.

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