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How Low-Value Work Is Hurting Your Bottom Line

Design an action plan

Running a thriving business means understanding how to organize your work by importance and knowing when to delegate.

  • Find your sweet spot. When you consider taking on a project, see if it aligns with your purpose and the organization's broader goals. Ask yourself if you're the right person with the right skillset.
  • Automate. As your company grows, use automation tools for low-level work. It also allows your employees to make more meaningful contributions.
  • Set boundaries. Learn to say no to low-level tasks. Set your own limits about what you'll take on.

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IDEA EXTRACTED FROM:

How Low-Value Work Is Hurting Your Bottom Line

How Low-Value Work Is Hurting Your Bottom Line

https://www.entrepreneur.com/article/349018

entrepreneur.com

4

Key Ideas

Don't waste valuable energy

We can't waste valuable energy on mindless activities while putting off what matters most for later.

In business, wasting energy means working on low-value tasks, and thinking busywork is the same as productivity.

Cut out the optional

Being overwhelmed may be the new normal, but taking on too many responsibilities may be watering down our overall impact.

Bring back your focus to what matters most. Work on the projects that are the real game-changers. Delegate the discretionary work and eliminate unnecessary meetings.

Design an action plan

Running a thriving business means understanding how to organize your work by importance and knowing when to delegate.

  • Find your sweet spot. When you consider taking on a project, see if it aligns with your purpose and the organization's broader goals. Ask yourself if you're the right person with the right skillset.
  • Automate. As your company grows, use automation tools for low-level work. It also allows your employees to make more meaningful contributions.
  • Set boundaries. Learn to say no to low-level tasks. Set your own limits about what you'll take on.

Make room for what matters

Slot your meaningful work into the times when you feel most productive. Realizing how your focus, creativity, and interest change at different hours in a day can help you better engage in your key projects.

SIMILAR ARTICLES & IDEAS:

The concept of servant leadership

The actual term for a leader who upends the power pyramid to put others' needs first was introduced by Robert Greenleaf in his influential 1970 essay "The Servant As Leader" in 1970.

The 6 main principles of servant leadership

  1. Empathy. Give trusted co-workers the benefit of the doubt by assuming the good in them. It goes a long way toward instilling loyalty and trust in you from your team.
  2. Awareness. Care deeply about the welfare of the team members. Don't view them only as cogs in a machine.
  3. Building community. Build community where both employees and customers can thrive.
  4. Persuasion. Rely on persuasion rather than coercion to create internal motivation required to complete the task effectively.
  5. Conceptualization. Servant-leading entrepreneurs focus on the big picture and don't get overly distracted by daily operations and short-term goals.
  6. Growth. Care passionately about the personal and professional growth of each member of the team.

Fuel growth while managing uncertainty

Fuel growth while managing uncertainty
  • Prepare for multiple outcomes that are within your control.
  • Refine your business plan. Adjust your strategies to your business’s current situation so you can u...

Cut out low-value activities

Many of us are working longer hours than we should be just because we are wasting time on low-value activities.

Track your time for a few days to identify your distractors and the low-...

Schedule recurring social activities

Having an active social life is crucial to your health. People who isolate themselves from others could increase their risk of death by about 50 percent. 

If you have a busy life, schedule recurring social activities with your closest friends, monthly.  Plan your work schedule around your social calendar instead of the other way around.

Learn to cope with stress

The key to finding the balance between work and health is learning how to cope with stress.

Get in the habit of stepping away from the stressful situation for a few moments to calm down and collect your thoughts: step away from the computer or spend a few minutes walking outside.