Posts Tagged ‘time wasters’
6 Steps to Effective Delegation for Small Business Growth
Effective delegation is an important strategy used by small business entrepreneurs to achieve business growth. Every successful business owner or executive is laser-focused on what they know how to do well. In other words, they leverage the time, skill, and experience of other people to achieve incredible results their businesses are known for.
Effective delegation work miracles and will produce overwhelming results if you apply it in the most appropriate way. It is a proven tool used by peak performers to grow their profits and bottom lines. The problem with average executives and business leaders is that they feel insecure with their delegation skill. They don’t want their subordinates to know what they do and how they do it. Many times, they fear that they may lose control to their subordinates when they delegate. As a result they keep all activities to themselves and their businesses suffers.
Here are the six ways to help you can delegate effectively and grow your business:
1. Identify the Person with The Right Skill
One of the greatest time wasters in business is assigning a job to someone with less skill to perform. You can apply effective delegation by identifying who in your organization has the right skill and attitude to perform the role. By delegating regularly and showing interest in talent development over time, you will recognize the individuals whom you can rely on to deliver excellent results on schedule.
2. Agree on What Should be Done and How It Should Be Done
As soon as you have identified the right person for the job, take the time to discuss and agree with the person what you want exactly to be done and how you want it. Research has proved that the more time you invest in clarifying the objective of your goal, the faster the end result and the better for your organization.
If there is any particular process or small business strategy you want to be adopted, be sure to explain it and paint a clear picture of how you would like to see the final outcome. If someone else has done similar job in the past, you can submit examples of what was done.
3. Agree on a Deadline
A deadline is the agreed timeline for completing the job. Deadline enforces responsibility and commitment on both parties, and partly forms the basis for measuring the effective use of time allocated for the job.
When setting deadlines, it might be tempting to assume that the task involved is simple, which might lead to under-estimation of the time expected for its completion. Be sure therefore to give some allowance especially if you are delegating the task to someone for the first time. Even when you know how much time it takes (when you do it yourself), remember that you are not the same, and that learning takes place at different stages of work. Read the rest of this entry »