Posts Tagged ‘delegate’

Can You Afford Not to Delegate?

Delegation is a way of thinking and doing.  For many in business leadership roles, the ability to delegate is not a talent widely embraced. The reasons for this lack of delegation are many including:

delegate

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  • No time
  • No money
  • No knowledge about available resources
  • No confidence in employees – fear in hiring wrong people
  • No confidence in themselves – fear of making a mistake

A recent report released by Salesforce Research of 300 small business owners revealed most small business owners rely on outdated and manual processes such as email and spreadsheets to store customer information.  This reliance on outdated processes is further wasting their limited time.

When reading this research, it appears the talent to delegate is a significant limiting factor to embracing newer processes especially when those processes are technology driven.  Most of these business leaders are the decision makers and appear to have time constraints as their number one limiting factor.

Truly forward thinking business owners bite the bullet so to speak and invest the time to find those resources to propel their enterprise forward.  These individuals accept there is an immediate, short term hit to cash flow and profitability yet in the long term they recognize not to take action will leave them even further behind the flow.

What I know from SMB owners to sales professionals to even frontline customer service people, all waste at least 12 minutes a day.  This wasted time translates to one hour per week.  If a business owner would schedule 15 uninterrupted minutes each day with intentional actions to research and then delegate some of his or her activities to others, he or she would have more time and probably even more dollars.

Additionally by embracing a proven goal setting process along with a functional tool (goal worksheet), business leaders can track their delegation and stay even more organized in less time.  What must take place is to step over the fear and the other limiting factors because the failure to embrace delegation will only further constrict sustainable business growth.

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