Mastering the art of delegating requires a big leap of faith but it is necessary if you want to see your startup grow and become profitable.
An element of trust needs to exist between the business owner and its employees for the act of delegating to work. Having the right team in place and learning to work well together can help make it more effective.
These CEO’s share three essential tips on how entrepreneurs can learn to put their company’s future in the hands of someone else:
Phil Foster, MD, Love Energy Savings – “Use Delegation As A Team Development Exercise.”
“Delegating tasks to your team is an essential aspect of both driving a business forward and employee engagement. While it may be easier to complete the task yourself in the short term, delegating to employees will provide the challenges and opportunities your staff need to learn new skills and expand existing ones.
Draw on your employees’ strengths and build a team that will support you and business growth in the long run.”
Adrian Harvey, CEO, Elephants Don’t Forget – “Build A Team You Can Trust.”
“For me, if there’s one word that encompasses the successful SME philosophy, it’s ‘reputation’, as that engenders customer trust. The customer trusts me that I’ll do what I say I’ll do – and I always do because I care passionately about my business and put my customers first.
So any member of our team I delegate work to has to care as much as I do and must have the appropriate skills to carry out the task.
Getting people in your business who care as much as you do means recruiting people with the right attitude.”
Tim Foster, Director, The Yummy Collection – “Invest In People.”
“Along with my two business partners, I own six venues and look after 128 people. I can’t be everywhere at once – that’s a fact.
The most important aspect of my business is the people who run our venues – they make it a welcoming and fun experience for our customers.
Being a business owner means I have to trust in my people and the work they do. It’s an integral part of training, managing and developing teams.”