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The key word in this unit is process. Let’s look at some of the elements to consider when marching along the trail of decision-making.
Learnings from Unit 3:
- The main difference between owners and managers is, managers work in the business whereas owners work on the business
- Once Ownership is professionalized, expectations are clearly stated and there is a sense of stewardship and diligence
Learning outcome for this topic:
Structures serve to facilitate communication and keep individuals accountable
Inclusive decision-making structures are important to align future direction and vision