Learn more about timemanagement with this collection
How to build trust and respect with team members
How to communicate effectively
How to motivate and inspire others
Question to consider when before delegating
- Who can do this job instead of you?
- Who can do this job better than me?
- Who can do this job at a lower cost than me?
- Can this activity be eliminated altogether?
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Delegation = effective management skill
Without the ability to delegate effectively, it is impossible for you to advance in management to higher positions of responsibility.
Learning how to delegate is not only about maximizing your own productivity and value; it is also about maximizing the productivity of your staff. You...
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Delegation method and staff experience
- For new and inexperienced in the job staff - use a directive delegation style (Tell exactly what you want them to do).
- For staff that has experience in the job (they know what they are doing) - use the effective, management by objectives delegation met...
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For an effective delegation...
- Match the Person to the Job: never delegate an important task to a person who has not performed that task satisfactorily in the past.
- Agree on what is to be Done.
- Explain How the Job Should Be Done: Explain your preferred approach or method of working.
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Manage by exception
If the job is on track, and on schedule, managing by exception means that the person does not have to report back to you.
If you don’t hear from him, you can assume that everything is going well. The individual only has to report back to you when an exception occurs and there is a p...
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Factors to consider when deciding whether to do "free work"
- Do they pay other people that do the same type of work you do? What about their competitors?
- Will I learn "enough" from this interaction that I can just call this a part of my education?
- Is it public work with my name on it or am I just saving them cash to do something tha...
Smart and Radical Ways To Positively Tinker With Your Environment
- Join a social club, gym or a business club.
- Find a new spouse, who is a better fit for your life.
- Switch to a job where your talents are better appreciated and where you like doing what you do.
- Change your career altogether.
- Move to a different country.
Microeconomics: Comparative Advantage
The law of comparative advantage was first mentioned in 1817 by English economist David Ricardo.
A company has a comparative advantage when it is able to provide a good or service at a lower opportunity cost than others, helping it sell the same product at a lower cost, ...
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