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Practical Business Advice Newsletter July 2013  

Here is the July Practical Business Advice Newsletter. Hopefully you'll find the information informative and useful!

Please feel free to pass it on to colleagues and friends.


Need More Time?  7 Tips on How to Delegate Effectively

You've made an alarming discovery – there are never enough hours in a day. And your list of important things to do never gets smaller.

As a leader, your jobs include holding the vision; inspiring your staff; and fostering relationships with key customers, vendors and the public.  How can you free up time to do all of  this? You need to let go of some cherished things like hiring or  day-to-day sales -  things you handled in the past, often out of necessity - and focus on your role as a leader.

How can you do this and not lose control of the business?  Here are some steps to follow in order to delegate effectively:

1.  Determine What Should be Delegated
Think about your highest value contribution to your company. Which of your activities generate the most revenue or profit?  Like most leaders, your greatest leverage is in mobilizing the forces around you - your employees, key customers, prospects and vendors. Everything else becomes secondary in terms of impact.

To effectively delegate you should delegate the tasks that you understand best and also like.  If you assign tasks you don't like, then you will have lost control.  At a minimal, delegate:

Matters that keep repeating themselves.
Minor decisions most frequently made.
Details that take the biggest chunks of time.

Also, many leaders don’t delegate responsibilities they've labeled "critical". They fear the job will not be done right. Or no one else can do it as quickly. The growth of your company will be stifled to the extent that you hold on to critical functions.

Your company will suffer in the exact areas where you think you are the expert!  Sales? Negotiations on a big deal are held up because you are in Asia meeting a vendor.

2.  Determine How Much Authority to Give
At a minimum, you should delegate enough authority:
To get the work done,
To allow key employees to take initiative and
To keep things going in your absence.

3.  Determine Who to Delegate to

Delegation of responsibility does not mean that you say, "Here, you run the place." A person should possess the three "I's" – Initiative, Interest, and Imagination.

4.  Spell out the Delegation
Competent people want to know what they are being held responsible for. It is also a necessity to eliminate confusion and keep control in ownership’s hands. Communicate precise conditions of satisfaction.

Work out a plan - The plan should include resources, approach or methodology, timeline, measures and milestones. Even simple projects require a plan.

5.  Keep Control
Set up a structure for accountability. If the project is to take place over the next six weeks, schedule an interim meeting two weeks from now. Or establish a weekly conference call or an e-mailed status report. Provide some mechanism where you can jointly evaluate progress and make mid-course corrections. This helps keep the project and the people, on track.  Periodic staff meetings are another way to get feedback.

6.  Coach Your Staff
Delegation does not end with good control. It also involves coaching to ensure the employee knows what they need to do.  Ask questions to make sure they understand your meanings.

Listen! Many leaders get so involved in what they are saying, that they do not listen to the other person. In coaching a person so he or she can improve, it is important to tell why you give the instruction. When a person knows the reason, he or she is better able to understand.

7.  Get Buy In and Allow People to Work
You and your company are in trouble if you try to measure your people by whether or not they do a particular task exactly as you would do it. They should be judged by their results - not their methods (within reason).

If you skip any of the steps above, you will reduce the likelihood things will turn out the way you want them to. On the other hand, if you rigorously follow the steps, you greatly increase the odds in your favour.

Isn't this more work than doing it yourself? No, it isn't. The time it takes to 1) establish goals, 2) review the plan, and 3) monitor the progress, is not equal to the time it takes to execute. That is how you gain leverage. This is how you multiply your efforts. (Sometimes it does take longer to communicate something than to do it yourself. Delegate it anyway. The next time will be easier.)



If you have any particular topics you'd like to hear about in upcoming issues, your feedback would be appreciated.

Best Regards,

RoseRight-click here to download pictures. To help protect your privacy, Outlook prevented automatic download of this picture from the Internet.  
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Rose Kasianiuk
Strategic Business Advisor
RK Business Solutions Inc.
Calgary, AB T2T 4S1
403.802.0018
rosek@rkbsi.com

www.rkbsi.com

twitter: http://twitter.com/rkbsi

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Notable Quotes

"Action without vision is only passing time, vision without action is merely day dreaming, but vision with action can change the world."

Nelson Mandela

Former President of South Africa

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Rose Kasianiuk
Email: Rose Kasianiukrosek@rkbsi.com
Phone: 403.802.0018
Web: RK Business Solutions Inc.www.rkbsi.com
 
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