What if your boss is not around to approve business transactions, what would be your call on this?

[Passiveearner]

I think that if a boss is not around then the lower-level managers may depend on the upper-level business management. A boss must approve of and give some rights to manage payments.

 

[Shavkat]

I understand your caution. It is important to make sure you are following your boss's instructions, but it is also important to use your own discretion and judgement when making business decisions. Ultimately, you have to make sure you are doing what is best for the company and not just relying on your boss's approval.

It is nice that you can read my mind about it. There are times that some hired employees cannot decide for themselves and they need the approval of their bosses. They tend to be cautious because of being scared to be blamed of.

Post automatically merged: Mar 3, 2023

I don't have relation to money transactions but under business transactions, I consider borrowing equipment to other employes. Officialy my boss must do it but I do that job but always I notice my boss. I still don't have enough currage do it everything on my hand. We don't have specific rules for such stuff and I don't know what happend if do something wrong.

You have a point here. That is why we need to be more wise. In every companies, they need to make the job responsibilities to be clear enough before the signing the black-and-white paper. I do hope that they can do this to prevent form blaming each other.

 

[Bisolami]

You know them too well they sometimes behaves like very confused people. you help it becomes a problem, you don't it is also a problem so it might be wise to be neutral

Exactly
There are some times that they will be very happy and there are some times that they will be acting as if they are very sad

 

[IB D]

It is nice that you can read my mind about it. There are times that some hired employees cannot decide for themselves and they need the approval of their bosses. They tend to be cautious because of being scared to be blamed of.

Post automatically merged: Mar 3, 2023

You have a point here. That is why we need to be more wise. In every companies, they need to make the job responsibilities to be clear enough before the signing the black-and-white paper. I do hope that they can do this to prevent form blaming each other.

That's why every organization must have hierarchical structure. When the boss is not around, who is authorized to act for the boss. That person would know what the boss would have done in the circumstances and do same.

 

[Bisolami]

That's why every organization must have hierarchical structure. When the boss is not around, who is authorized to act for the boss. That person would know what the boss would have done in the circumstances and do same.

You are right but there are some bosses that will not appreciate your effort so it is good to wait till they come back

 

[IB D]

I know you are saying the truth. Those are bosses that are insecure. They feel that if you complete the transaction, you would keep a part of it for yourself. They want to be there and see things for themselves and carry everything.

 

[Stardom22]

I can proceed on doing the thing that I have only been instructed to do. I can't do anything that I have not been sent to do on the work places. Especially matters to deal with money are very sensitive to do without permission from the boss.

 

[IB D]

I can proceed on doing the thing that I have only been instructed to do. I can't do anything that I have not been sent to do on the work places. Especially matters to deal with money are very sensitive to do without permission from the boss.

Even when he has given permission to collect money from someone. I used to do it with an air of skepticism. Money issues are very sensitive and if it is possible to avoid it, please do.

 

[Shavkat]

I can proceed on doing the thing that I have only been instructed to do. I can't do anything that I have not been sent to do on the work places. Especially matters to deal with money are very sensitive to do without permission from the boss.

To play safe, it is best to tell the client that it needs you to put on hold for the final decision. You can explain that you do not have the power for this matter.

 

[Niyi Briggs]

I had learnt from this thread that no one should make a business decision or transactions on behalf of his or her boss. It is always counterproductive most of the times.

 

[eldavis]

I totally get your point, but i think other systems should be put in place on how to handle situations like this. Like there should be a way to contact him Incase of emergency.

 

[Stardom22]

For me I can't take up responsibilities that doesn't belong to me. I think the management would have sorted that issue even before they go on with the business vacation or trips.

 

[Niyi Briggs]

I totally get your point, but i think other systems should be put in place on how to handle situations like this. Like there should be a way to contact him Incase of emergency.

The assumption was that at the material time, he was not readily available to be contacted. I wouldn't want to make the wrong decisions, so I would rather back out and wait for him to come.

 

[Etini Willie]

The boss, manager or director is the final decision making mechanism of a business. That power of decision making belongs to the boss alone. I won't do anything but wait for the boss to come back and approve.

 

[Stardom22]

Of all the departments in the company the area that deals with money is such sensitive to be handled by normal staff. One should be very careful on that.for sure

 

[aovurevu]

A boss approval on certain business transactions is as good as getting a blank check. For me, I still need to hold back before doing anything. I do not want to be blamed if I decided that would not be acceptable with my boss's discretions for having the final decisions.

If my boss has given an instruction to a similar issue or situation , I might choose to do just that.But if not, I can't take decision at his back because he has the final say and may even have a change of plan

 

[cherry123]

To a large extent it will not be good to take up responsibilities that doesn't belong to you. So you can just wait it out to be sure you are getting it right

 

[Bisolami]

The boss, manager or director is the final decision making mechanism of a business. That power of decision making belongs to the boss alone. I won't do anything but wait for the boss to come back and approve.

But there are times when you will have to deal with that thing immediately. I think the best way to deal with such a thing is by doing what you think will be best for the company

 

[hastral45]

A boss approval on certain business transactions is as good as getting a blank check. For me, I still need to hold back before doing anything. I do not want to be blamed if I decided that would not be acceptable with my boss's discretions for having the final decisions.

Business is not run like that. Either the boss is around or the boss visv not Around, there is always provision for everything. There is something we call power of attorney which authorize delegate to act on behalf of the authority.

 

[cherry123]

Sure, if there's delegation of power it is always very easy to do otherwise because you can get others to do the needful in the absence of the bossnot being around