Your team is working on a tight budget, and there's a need to cut costs. How do you approach cost-cutting without demotivating the team?
1
Cut costs without consulting the team, focusing solely on meeting budget targets.
2
Communicate the need for cost-cutting, involve the team in brainstorming cost-saving ideas, and collaboratively decide on the best approach
3
Blame external factors for the budget constraints and expect the team to adjust.
4
Criticize team members for not being more frugal in their work.