Alternate Title for COOs: The Hidden Cost of Micromanagement: How COOs Can Empower Teams and Scale Faster
Leyda Lazo, SHRM-SCP
CEO | Fractional HR Solutions | Strategic HR Leadership
As a COO, focusing on every detail of the business might seem necessary, but it’s more detrimental than you think. Micromanagement not only stifles productivity but also costs companies financially and emotionally. In fact, studies show that micromanaged employees are 28% less productive and 40% less innovative than their counterparts (Gallup).
COOs and business leaders must learn the art of delegation to create space for strategic thinking. According to Harvard Business Review, 85% of executives believe that delegation is essential to growing the business. Successful leaders focus on high-level decisions and trust their teams to handle the day-to-day.
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Leyda Lazo is a Senior Certified HR Executive with over a decade of experience in HR strategy, team dynamics, and leadership development. As the founder of Human Capital Consultants International, LLC, she helps businesses level up their HR operations and build high-performing teams. Through her partnership with John C. Maxwell, Leyda brings proven leadership development to organizations. She was also invited to the Leadership and Happiness Symposium at Harvard, where she learned cutting-edge strategies to help businesses create stronger, more effective leaders and high-performing teams.
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3 周And one thing most businesses miss that that if you micromanage a "salaried" employee, you likely will owe them overtime pay. This is because most workers who don't get OT are classified as exempt under the "administrative" white collar exemption. Guess what? A key requirement of that exemption is that the worker's primary duty includes the exercise of discretion and independent judgment with respect to matters of significance. An employer cannot show that if you micromanage the employee.