This is great and in line with how the best teams I've seen operate. The only gotcha is that this only works if you have the right people on the team and the r

This is great and in line with how the best teams I've seen operate. The only gotcha is that this only works if you have the right people on the team and the right culture at the company, because it assumes that people will do their best work without needing to be pushed. Now, if you have a breakdown (have free riders on the team, or a shitty company culture) this breaks down and things deteriorate into the "push people hard and hold them accountable" mode). Basically, operating in this mode requires a high degree of trust from all sides. Trust can be self-fulfilling and easy to disrupt. By pushing for efficiency you can easily turn your team into one where you HAVE to push for efficiency.