The Importance of Values and Guiding Principles for Distributed Decision-Making (High-Purpose Environments, Part 4)
Values and guiding principles are crucial in enabling distributed decision-making within an organization. They empower individuals to make decisions autonomously, without constant supervision or hierarchical approval. This leads to increased efficiency and agility and fosters a sense of ownership and responsibility among team members. This article is about the difference of values and guiding principles and how to come up with good ones.