Mastering the art of delegation and accountability is the key to building a profitable and successful business.
Like anything in business, they are learnable skills that are developed overtime.
Solid delegation involves knowing your team well enough to trust and gauge their expertise, as well as maintaining a strong command.
It is important to know the difference between trying to maintain full control of a situation and delegation.
Full control is a recipe for disaster, as you cannot be everywhere at once.
Delegation, though, forces you to concede that you cannot do it all by yourself.
By using the team around them, strong leaders use this handy approach to effectively obtain their goals, all the while allowing team members to feel appreciated by being granted the responsibility.
Importance of delegation
First and foremost, delegation is a great way to free time up for you to accomplish more other, equally pressing matters.
In the world of business, you are expected to stretch your available time as far as possible – having to do different tasks at one time.
Keeping up a solid understanding of business management requires you to delegate wherever possible, so that you can use your time effectively.
It is important that you find a balance in this field, so that you are not just handing work off blindly.
To demonstrate strong leadership, you should oversee the task at regular intervals, ensure it is all going as planned, and step in if there are any problems.
It is equally important not to get too bogged down in the small things, as you will quickly get sucked in and the concept of delegation gets lost.
A great leader will know his team’s strengths and weaknesses better than the team members themselves. Using this knowledge to delegate effectively is crucial.
Here are the 5 steps of Effective Delegation we discussed today:
- Choose what tasks to delegate: Get clear on how your time is best spent, and delegate the rest.
- Select best person for the job: (skills, attitude, capacity)
- Be clear: Give clear assignments and instructions (What, Why, When (deadlines) and sometimes How)
- Keep Accountable: Ensure you and your team do what they say they are going to do
- Give credit: Public and written credit will cause job satisfaction and loyalty.
Now we have discussed effective delegation, it's time to relinquish greater levels of control.
Let it go, man...!
Founder - Pravar Group
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