The Art of Delegation

The Art of Delegation

Many business owners suffer from the ‘only I can syndrome’ i.e., they believe that no one else is capable of doing the tasks as well as they can.

And guess what?

They are probably right!

But too many business owners lose their health, efficiency, ability to develop new ideas and productivity because they refuse to delegate.

Over the past 40 years, a consistent frustration I hear from business owners is that they wish they had more time to get stuff done. And believe me, I understand for as a perfectionist I really struggled to let go of important tasks in my early days.

I quickly found that for me to become super productive, the solution was to delegate work to the right people. I would get them to complete the task to at least 80% of what I would consider acceptable and then review that task with them, finesse and fine-tune the remaining 20%.

The old Pareto analysis or 80/20 rule.

Effective delegation is a skill that we can learn and benefit from provided you have a continual improvement mindset and are willing to put in the time to develop it.

Here are 5 things I have learned about the art of delegation:

 

Click here to read more …

Read more of our daily blogs in our Chasing the Dream Facebook Community

Share This

Related Posts

Featured
4 Min Read

Claiming 2024 Working from Home Expenses

Hello Chasers, If you have been working from home this financial year, you will probably have some work- related expenses to claim. There are now two ways to calculate a work from home deduction: fixed rate…
Read Full Article
Featured
4 Min Read

How to Wow!

Hello Chasers, If you have been following our business development blog theme (Creating Consistent Cashflow) this quarter, we are now going to focus on a very important and often neglected aspect of business. And that is…
Read Full Article