What should a broker avoid doing to manage their team effectively?

To manage a team effectively, a broker should avoid micro-managing because this approach can stifle the independence and creativity of team members. Micro-managing involves overseeing every small detail of the team’s work, which can lead to frustration and a lack of trust. When team members feel they are not trusted to complete tasks on their own, it can decrease morale and lead to reduced productivity.

In contrast, setting clear objectives, providing feedback, and facilitating communication are all practices that contribute to effective team management. Clear objectives help team members understand their goals and responsibilities, feedback fosters growth and improvement, and communication ensures that all team members are aligned and informed throughout the process. Thus, avoiding micro-management allows for a more empowered and productive team environment.