Question

Vadik’s hiking apparel company has grown rapidly in the last two years. He is beginning to show signs of stress and poor health. One day Vadik confides in you that he is overwhelmed with decisions and is not sure how much longer he can last without cracking. What is the first thing you would have him consider doing?
a. Take tighter control of things so that fewer things go wrong.


b. Sell the company.


c. Ride out the storm.


d. Delegate some decision-making authority to subordinates.

Answer 1

Answer: Delegate some decision-making authority to subordinates.

Explanation:

I would advise him to reduce the work load on himself by employing more competent hands to help him with some decision making. Then occasionally, he can oversee what is been done by his employees in charge of decision making, to ensure that they are delivering what he desires.