Business owners are naturally independent thinkers and doers. We all think we can do it best ourselves and so we shoulder the control, rather than “hope” our employees will do it the right way.
The truth is, you can’t do it all yourself, unless of course you thrive on being in a constant state of being overwhelmed! Delegation is important for growing the value of your business because it’s much more scalable, and the success of your delegation strategy depends entirely on the traits of those you delegate your work to. Hiring the right people for the right job cannot be based solely on their skills and experience. However, most of us hire people based on what the resume and references say, and then kick ourselves later for hiring a misfit when they don’t work out.
A Good Team Is the Secret to Worry-Free Delegation
Hiring good people you can trust is essential to being able to delegate without worrying. When we define what it is we really need in an employee, aside from skills and experience, we get to the heart of what separates a good company from a great company. Taking it a step further, we uncover the secret behind what separates a successful business exit and an unsuccessful one.
Your team needs to be just that, a team. A group you can count on, who align with your values and the company culture, and are engaged daily and want what’s best for the business. In order for you to be the true captain of your ship and steer it properly, you need a solid team to delegate to, but that’s not the only essential piece of the puzzle.
Delegation Is a Business Growth Strategy
The other essential piece is for you to be clear on the fact that delegation is vital to the growth of your business. Learning to trust your team takes practice. Turning things over that you have historically done yourself is not easy. What if they lose the account? What if they make a costly mistake? Proper delegation requires that the right people be in the right seats; resting in the fact that things are under control and you can sleep at night!
Sure, mistakes will happen, but these mistakes are valuable learning experiences. If you’ve built your team the right way – one that’s full of determined learners and doers that leave their egos at the door – these mistakes won’t be repeated. Delegating takes courage and can be a rocky road at first, but we’ve seen firsthand how successful (and happy) business leaders become once a culture of delegation takes root in their business.
Proper delegation is an effective way to grow your business, and the best part is it’s a strategy that you don’t have to implement on your own. KeyeStrategies will work with you to implement a delegation plan in the early stages of our Value Acceleration and Exit Planning Process. Reach out to Julie and schedule a free call today. We’ll save you valuable time and energy without sacrificing results by collaborating with your team and building a culture of effective delegation that works for everyone. We can’t wait to meet you and get started!
