May 4, 2015
One of the problems many small business operators encounter is that they try to do too much, primarily because they haven’t been able to introduce effective delegation within their business organisation.
One way to introduce effective delegation is to allocate portfolios that are relevant to your business. My suggestion is sit down, write a list of all of the functions that relate to your organisation and think about how each role could be performed. Even if the activity is only going to take a few minutes each day or 10 minutes a week, it all contributes to the effective management of the business. You need to be careful that you don’t keep all of these activities for yourself. Try and delegate them.
Unfortunately, some business operators do keep all of these types of activities to themselves. Therefore, it’s no wonder that many small/medium enterprise operators get “bogged down” from day-to-day activities without having sufficient time to concentrate on the future.
Chief executive officers of public companies spend approximately 60-80% of their time thinking about and planning future activities, these people have effectively delegated as many day-to-day activities as possible, so they can concentrate on planning and leading their business into the future.
Small/medium enterprises are no different. A leader needs to have time to be able to effectively plan. This will not occur, unless the leader delegates as much day-to-day activities as possible, so they have free time to concentrate on future activities.