What does red tape cost your business? Think about the time wasted by cumbersome review processes. Individuals with new ideas first have to build a case for their recommendation, preparing a written proposal or presentation for management to review. Then, they must set up a meeting, often involving multiple individuals whose travel schedules have to be coordinated, which may take days or weeks. (Of course, before the meeting takes place we have to define if there are any internal politics or personal preferences, and anticipate potential objections.) And then the meeting takes place. When all is said and done, the decision ends up being made in 20 minutes by people vaguely familiar with the situation. The person making the recommendation was obviously closer to the situation, spent weeks or months thinking it through, put tremendous effort into selling it internally, and could have acted on the recommendation by the time the idea was even placed on anybody’s calendar. So, do you think it’s time to reduce the red tape in your business?
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