How should you configure approvals for a home loan application involving two managers?

Configuring approvals for a home loan application that involves two managers requires a clear and organized approach to ensure that the process is efficient and meets the necessary oversight. The option to add an instruction to the assignment for sequential approval is particularly effective because it establishes an order in which the approvals should occur.

In a sequential approval setup, one manager's approval must be obtained before the next manager can review and approve the application. This method ensures that the application is thoroughly evaluated in stages, allowing for more focused discussions and decisions based on the input of each manager.

By outlining clear instructions in the assignment, both managers know exactly what is expected of them in the process. This structure not only facilitates a smoother workflow but also enhances accountability, as each manager can be aware of their role in the decision-making process and can respond accordingly.

In contrast, requiring both managers to approve simultaneously could lead to confusion, as it does not clarify the flow of decision-making. Delegating final approval to a secondary manager might undermine the purpose of having both managers involved and could create a bottleneck if the primary manager is unavailable. Utilizing an approval dashboard for tracking is useful for oversight but does not address the actual structure of how approvals are secured. Therefore, establishing a sequential approval process is