If you’re a business owner or executive who is responsible for managing five or more people, you have special needs. You have to delegate effectively, stamp out reverse delegation, develop your people so they can take over some of your responsibilities and be super-efficient with your time so that you can enjoy your family and your life.
If you do not have the skills to do this, your dream business will start turning into a nightmare — maybe it already has.
Highly successful business owners whose business supports their desired lifestyle know the secrets of being a great boss. First and foremost, they decided which activities they need to do. Everything else is delegated. If you have the fear that nobody else can do it right, you have to overcome that notion. Otherwise, you will doom yourself to be chained to routine details.
Next you must choose subordinates whom you can trust to do the job right. Start out by delegating less important duties. Take the time to train them to perform higher-level tasks.
You might complain this takes too much time. This is minute wise and hour foolish. If time is money, it is also penny wise and pound foolish. Investing time to develop new people will save you huge amounts of time in the future.
Many business owners get frustrated when their orders are misunderstood. One owner of a bicycle shop told a subordinate to put one of their brand new, top-selling bicycles in the showcase window as soon as it came in. The owner went home to enjoy his family that evening. When he returned to his store, he expected to see a beautiful shiny bicycle in a store window. He was shocked to see a crate with the bicycle still inside.
He had neglected the cardinal rule of delegation. Always ask for a description of what you’re subordinate will do. Again this takes a little bit more time, but gives you far superior results. It also saves you tons of time.
The key to helping your people grow into being efficient, helpful and loyal is to get their input. Engage them in the problem solving process. Ask for their suggestions. How do they see themselves fulfilling the job? You will be helping them to stretch and think better. They will become more self-reliant. Also, if they have ownership in the process, they will be much more motivated to make it work.
A wise boss will listen to his worker’s suggestions. He will allow the worker to do things the worker’s way if feasible. You might have a way of accomplishing the job that is better. Share this with the worker and let him decide what he will do. Your worker will have a bigger investment in his own ideas. He will work harder to prove his right. The whole idea is to co-create solutions with your workers. Sometimes, your worker will come up with ideas that are better than yours.
Follow these steps and you will maximize your people’s talents. They will become highly motivated and more productive. You will start to free up huge amounts of your time.
You will be on your way to being a great boss who has more time to enjoy his business, this family, and his life.