Running More Businesses at Once: Micro-Management vs. Macro-Management
As a business owner, it is important to find a management style that benefits your employees and your business. Micro-management involves close observation and scrutiny of employees, while macro-management allows employees more freedom. Finding a balance between the two is key to success. Multi-business owners should establish a trusted hierarchy and ensure their managers are well-equipped to run the business effectively. Ultimately, macro-management is considered the most effective approach, but a good balance is necessary for consistent results.
