How can organizations balance the need for autonomy in decision-making with the necessity for proper oversight and governance to ensure accountability and mitigate potential risks in driving innovation and continuous improvement?
Organizations can balance the need for autonomy in decision-making by clearly defining roles and responsibilities, setting clear goals and objectives, and providing guidelines and boundaries for decision-making. Proper oversight and governance can be ensured through regular monitoring, reporting, and evaluation of progress towards goals, as well as establishing mechanisms for feedback and communication. By creating a culture of transparency, accountability, and continuous learning, organizations can mitigate potential risks and drive innovation and continuous improvement effectively.
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