This ONE Mistake Is Costing Your Team Thousands Every Week
Manage episode 478413606 series 3583831
When budgets tighten, what’s the first thing to go? Training, coaching, and team support. But as leadership expert Lia Garvin reveals in this episode of The New Manager Playbook, that’s one of the most expensive mistakes a business can make.
Lia breaks down the true cost of inaction—from poor delegation and team inefficiencies to low morale, preventable turnover, and lost revenue. Drawing on real stories from small businesses and corporate teams, she shows how failing to invest in your team’s growth silently drains your profits.
Whether you’re a founder, people manager, or team lead, this episode is a wake-up call: doing nothing costs you everything.
💡 Key Takeaways:
- Why cutting back on team support and training costs more than it saves
- The hidden financial impact of poor delegation and miscommunication
- What 4–5 hours of wasted time a week really costs your business
- Real-world case studies showing how inaction can cost up to six figures
- Simple shifts to begin addressing team inefficiencies TODAY
- How to prevent turnover and disengagement through proactive support
- Why training even low performers is still a smart investment
This episode is your wake-up call — there’s nothing more expensive than doing nothing.
📘 Ready to take action? Grab your copy of The New Manager Playbook and start equipping your managers and team leads to thrive.
👉 Visit: https://www.liagarvin.com/newmanagerplaybook
📩 Need direct help improving team performance or leadership training? Contact: [email protected]
🎧 Don’t forget to subscribe for more management strategies to build high-performing, motivated teams.
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WORK WITH LIA:
How many times have you thought "I wish this whole managing people thing was a little easier" or better yet - "tell me what to do to be a better manager and I'll do it"?
I've got you covered ;) My new book, The New Manager Playbook, your comprehensive guide to managing with confidence and ease is now available!
Grab your copy today!
https://www.liagarvin.com/newmanagerplaybook/
Want some support for yourself or your team, let's chat! Schedule a call here: calendly.com/liagarvin/scaleup-strategy
CONNECT WITH LIA:
Website: https://www.liagarvin.com/
Linkedin: https://www.linkedin.com/in/liagarvin/
Instagram: https://www.instagram.com/lia.garvin/
Music by: https://www.instagram.com/isaacy8s/
179 episodes