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Managers Should Not Try to Empower All Employees in a Company

question 65

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Managers should not try to empower all employees in a company.


Definitions:

Free Lunch

An expression that suggests there is no such thing as a benefit without a corresponding cost, even if the cost is not immediately apparent.

Maximum Benefit

The highest level of advantage or gain that can be achieved from an action or decision, considering all relevant constraints and alternatives.

Satisfaction

The feeling of pleasure or fulfillment that comes from meeting or exceeding expectations.

Economic Self-interest

The motivation to act in a way that results in the greatest personal benefit or profit.

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