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Do You Need A Change Of Mind?
Napoleon Hill, the famous inspirational writer, once met a reader who became a millionaire after reading one of his books. The book, Think and Grow Rich, transformed Bill McCall of Australia from rags to riches. When Bill was 19 years old,...
HOW TO START AN ONLINE AUCTION BUSINESS
Have you spent any time looking at online auctions? There are thousands of visitors to the big online auction sites every day, looking for something to purchase! This is an excellent place to find buyers of your products without having to do any...
Learn From Role Models
Learn From Role Models By: Roy Bartell Copyright (c) 2003 All Rights Reserved First you have to do research. You have to know your subject. So you shouldn't be interested in people who have been successful because they've been...
Networking Events Success for your Business - Top Ten Reasons to Attend
1. Make new connections, meet new people. The more people you meet, the more referrals you are likely to get and most successful businesses are built on referrals. It's not what you know but who you know that counts ...or to be...
Revenge of the Sith – Creativity and Structure
The common belief is that lack of structure and randomness enhances creative output, whereas in truth, creativity is enhanced when it is organised, systematic and based on highly structured processes. This article will use Episode III of the Star...
 
Delegate, Don't Abdicate

One of the key skills for the leaders of growing businesses is to 'get' the distinction between delegation and abdication.

Many managers and business leaders fall into one of two extreme categories:

They delegate too little and try to do it all themselves or they give too much away, abdicating both their responsibilities and the prerogatives of power.

As their businesses grow, many entrepreneurs try to micro-manage. We've all heard the term, but too often we fail to recognize the symptoms until it's too late. For entrepreneurs, the sense that this is 'my company' or the belief that 'if I want it done right I have to do it myself' causes them to hold on too tightly and limit their results.

At the opposite end are managers who 'hire someone to do that' and abdicate their role as supervisor and leader. One of the first employees many entrepreneurs hire is a bookkeeper. As entrepreneurs, they want to focus on building the


business and recognize that their time is not well used on the details of bookkeeping. So, they hire someone and never think about it again.

Big mistake! Every month or so, the newspapers carry a story about someone embezzling from a small company. Too often, unsupervised and unsupported, the bookkeeper simply took advantage of an opportunity the owner created.

Effective managers’ delegate, but they also know that 'what gets measured, gets done'. They monitor and train, they supervise and support their people. You can't do it all yourself and simply turning the job over to someone else and abdicating your role as manager is not the answer.

About the Author

Gordon Goh is author of the free, informative website content of Motivation | Inspiration Tips offering quality useful tips for Motivation

 

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