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4 Strategies To Master The Art Of Delegation

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fastcompany.com

4 Strategies To Master The Art Of Delegation

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When just getting started, businesses succeed because of their founders' skill and determination. In later stages, businesses succeed because they're well structured and have a plan in place to accommodate growth. Unfortunately, most companies fail to make this transition. The root cause of the problem? It's often too difficult for founders to let go.

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Delegating = letting go

Delegating, or “the art of letting go”, can be one of the hardest things to grasp for a founder who enjoys having their hands in so many projects at once.

While maintaining a daily role in the company is vital, it’s just as critical to make sure you’re not overworking.

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The art of delegation

Clearly define roles and responsibilities, to allow things to flow smoothly.
Emphasize accountability: each person has to understand exactly what they’re accountable for in order to grow in a way that benefits both themselves and the company.
Democratize decision-making: you don't have to be in every decision-making process.
Paint the big picture: understand how even the most (seemingly) menial tasks fit into the overall vision you’ve established.

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What I learned about procrastination while scaling my startup to 4.2 million users

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medium.com

Cozy. That's how I felt. Tucked beneath what may have been the world's softest blanket. I took a deep breath and rolled onto my side. It was a familiar moment - the moment when my 6 a.m. alarm clock sounded, after a night of tossing and turning.

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"Just do it” - not a solution for procrastination

If we repeatedly find ourselves avoiding certain tasks, an underlying problem needs to be addressed.

Once we identify the real cause, we can search for the appropr...

Most common reasons that lead us to procrastinate:

1. We feel like we’re not making progress.

2. We’re not sure where to start.

3. We’re afraid of failing.

4. We dislike the task itself

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The Best Interview Questions We've Ever Published

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firstround.com

Hiring is by far the biggest concern we hear from founders. Finding the right people to work at your company is high-stakes. Poor performers can take a catastrophic toll on your success. Most seasoned CEOs say that founders should be spending as much as 50% of their time early on getting the right talent in the door.

Key Ideas

Questions for the Important Traits

Grit- ask on how determined a person in pursuing his dreams.

Rigor- ask if there was a time he considered a data to make a decision.

Impact- ask for what he have co...

When asking questions on the candidate's unique contribution..

Probe: give me an example…

Dig: who, what, where, when, why and how on every accomplishment or project

Differentiate: we vs. I, good vs. great, exposure vs. expertise, participant vs. owner/leader, 20 yard line vs. 80 yard line

Applying STAR questions

Situation- What's the background of what you were working on?

Task- What tasks were you given?

Action- What actions did you take?

Results- What results did you measure?

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Leadership disrupted: Pushing the boundaries

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deloitte.com

Leadership development continues to be a significant challenge for companies around the world, as the transition to the new digital organization creates even larger leadership gaps. High-performing leaders today need different skills and expertise than in generations past, yet most organizations have not moved rapidly enough to develop digital leaders, promote young leaders, and build new leadership models.

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“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is gu..."

Mark Zuckerberg, CEO of Facebook

Skills Needed In Digital Leaders

Work together, complement each other, and function as a team.
Able to operate on and enable environments that are more dynamic, team-centric, and connected.
Lead and build teams and partner with the broader ecosystems, keep people connected and engaged, and drive a culture of innovation, learning, and continuous improvement.
Lead a workforce that includes contractors, the contingent workforce, and crowd talent.
Understand how different business functions, industries, and technologies come together to form solutions.
Comfortable and competent with risk-taking.

Demographics And Leadership Destiny

Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies.

Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.

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