Growing Your Business: How Much Rope Is Enough?

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As a business manager, I often wonder how much rope to give my team. I was at breakfast with someone today who gives his team so much rope that he has hardly any idea about what is going on in his own company. In my opinion, his way is not management. It is neglect. But my focus is on the other end of the spectrum. The side that can border on hovering or as they said in a recent movie, helicoptering!