Delegate, Dont Abdicate

One of the key skills for the leaders of growing businesses is to 'get' the distinction between delegation and abdication.

Many managers and business leaders fall into one of two extreme categories:

They delegate too little and try to do it all themselves or they give too much away, abdicating both their responsibilities and the prerogatives of power.

As their businesses grow, many entrepreneurs try to micro-manage. We've all heard the term, but too often we fail to recognize the symptoms until it's too late. For entrepreneurs, the sense that this is 'my company' or the belief that 'if I want it done right I have to do it myself' causes them to hold on too tightly and limit their results.

At the opposite end are managers who 'hire someone to do that' and abdicate their role as supervisor and leader. One of the first employees many entrepreneurs hire is a bookkeeper. As entrepreneurs, they want to focus on building the business and recognize that their time is not well used on the details of bookkeeping. So, they hire someone and never think about it again.

Big mistake! Every month or so, the newspapers carry a story about someone embezzling from a small company. Too often, unsupervised and unsupported, the bookkeeper simply took advantage of an opportunity the owner created.

Effective managers' delegate, but they also know that 'what gets measured, gets done'. They monitor and train, they supervise and support their people. You can't do it all yourself and simply turning the job over to someone else and abdicating your role as manager is not the answer.

Gordon Goh is author of the free, informative website Simply Motivation offering quality useful tips for Motivation

In The News:


RTT News

Assurant to Acquire GE Consumer & Industrial's Warranty Management ...
MarketWatch - 13 hours ago
for Assurant to acquire GE's Warranty Management Group (WMG) business, a unit that markets and sells extended warranties and service contracts for major ...
Assurant announces acquisition of GE Consumer & Industrial's ... Trading Markets (press release)
Assurant to Acquire GE's Warranty Management Group - quick facts RTT News
GE Will Sell Warranty Business to Assurant Wall Street Journal
CNNMoney.com - Reutersall 28 news articles

The Southern Ledger

FEMA to cover hotel costs for some Gustav evacuees
The Associated Press - 5 hours ago
A Georgia Emergency Management Agency spokesman said Thursday that the agency had received a handful of calls in recent days from evacuees asking for gas ...
Hot spots: News from around the world Chicago Sun-Times
FEMA to cover hotels for those with damaged homes Houston Chronicle
Evacuees from Gustav get ready for bus rides home from Alabama al.com
First Coast News - The Associated Pressall 364 news articles

Earthtimes (press release)

Lehman Brothers and the Cost of Multitasking
Wall Street Journal Blogs, NY - 18 hours ago
(Associated Press file photo) Amid all that, it is getting bad news on another front, its 20% stake in Ospraie Management, which closed its flagship hedge ...
Ospraie Management to close flagship fund BusinessWeek
Ospraie Management closes main hedge fund guardian.co.uk
Ospraie to Close Flagship Hedge Fund After 38% Loss (Update2) Bloomberg
TransWorldNews (press release) - Forbesall 311 news articles

Univar Selects Acorn's Profitability and Cost Management Solution
MarketWatch - 42 minutes ago
... Systems today jointly announced the selection of Acorn Systems' Performance Analyzer, the market leading profitability and cost management solution. ...

RTT News

Supply Managment institute reports growth in US service sector
Bizjournals.com, NC - 15 hours ago
The Institute for Supply Management reports that new orders grew as inflation moderated. The ISM services sector index rose to 50.6 in August from 49.2 in ...
Service sector grows CNNMoney.com
US service sector expands slightly in Aug - ISM guardian.co.uk
US Service Industries Unexpectedly Grew in August (Update1) Bloomberg
The Associated Press - The Associated Pressall 606 news articles

Product Reviews

Comcast Appeals FCC's Network Management Order
PC World - 13 hours ago
However, Comcast will abide by the FCC's order during the appeal, and it will continue with plans to move toward other network management techniques by the ...
Comcast Seeks Reversal of FCC on Internet Management (Update2) Bloomberg
Comcast Sues FCC Over Network Management Finding Multichannel News
Comcast Sues FCC Over Network-Management Ruling Broadcasting & Cable
PC Magazine - Broadcasting & Cableall 364 news articles

CEP News

Stocks pandemic
Boston Globe, United States - 5 hours ago
Jim Swanson, chief investment strategist at MFS Investment Management, sees stocks as one of the world's best investment bargains today. ...
Treasury prices rise as investors flee stocks The Associated Press
* At Market Close Wall Street Journal Blogs
Bonds rise on job market weakness CNNMoney.com
all 60 news articles

Fifth Third Shops Asset Management Division
Money Management Letter, NY - 4 hours ago
Fifth Third Asset Management, the investment management arm of Cincinnati-based Fifth Third Bancorp, is for sale following months of speculation. ...

Lieberman Software Launches Virtual Server Management Initiative
MarketWatch - 20 hours ago
LOS ANGELES, Sep 04, 2008 (BUSINESS WIRE) -- Lieberman Software's User Manager Pro Suite, a configuration management solution for Windows-powered servers ...
Vendors scramble to rein in virtual environments NetworkWorld.com
Acronis to Add Support for Microsoft Hyper-V MarketWatch
all 23 news articles

YOUR VIEW: Fishery management faces conservation crisis
SouthCoastToday.com, MA - 4 hours ago
The fishery management system in New England is in a crisis. Sectors of the New England fishing industry are about to be obliterated by new management ...
management - Google News


Wind Chimes and more...

Windchimes for great gifts!

Why I always Keep my Promises

Integrity is very important to me, and I try hard... Read More

Understand What Flows Through Your Business to Find Improvement

I remember once seeing a cartoon which showed two people... Read More

How to Beat the Turf Mentality

Want to hear a fascinating story? Let's sit in at... Read More

Five Ways to Influence Change in Others

Because of my work as a consultant, trainer and coach... Read More

Managing Motivation

"Without the chance to meaningfully participate in steering one's own... Read More

Ten Relationship Traits And Skills For Good Leadership

An important aspect of good leadership is the ability to... Read More

Behavioral Interview Questions You Can Use Monday Morning

If past behavior is the best way to determine future... Read More

Can Your Corporate Policy Pass the Monkeys, Bananas, and Water-spray Experiment?

Five monkeys were placed in a cage. A banana was... Read More

Management Development - Micromanagement Works!

Getting into the detail of everything each of your people... Read More

Factoring Financing: How to Grow Your Business Without Debt or Loans

What is factoring?Accounts receivable financing, also known as factoring, is... Read More

Key Control ? Who Has the Keys to Your Kingdom?

Key control, or more accurately the lack of key control... Read More

10 Steps When You Need Help in Your Business

If you think ahead and plan, many nightmare panic and... Read More

Why Business Owners Need Security

The main reason is to stop any potential lawsuits from... Read More

Creative and Innovative Culture, Change Management ? Three Easy Tests

Creativity can be defined as problem identification and idea generation... Read More

Manage Your Business from the Rockies, not the Prairies

The day job as a manager is all about managing... Read More

Measure for Measure

Can you imagine playing hockey without a goal? Basketball without... Read More

Business Leadership Skills - Managing the Human Being Behind the Business

Managing the Human Being Behind the Business It's... Read More

Communicating Effectively In The Workplace: Four Vital Steps

Ineffective communication is a major, yet avoidable, obstacle to business... Read More

Einstein, The Universe, And Leadership

Every since serving a hitch in the military, I have... Read More

The 5 Things Great Managers Sense about their People, Every Day

Using all of your senses, to help you test how... Read More

What One Thing?

A few weeks ago I asked my readers what the... Read More

A Renewed View of the Modern Business Culture

Life can sometimes be unexciting if not refreshed by the... Read More

Success at Work : People Skills : Dealing with New Ideas

Re-organizing, re-engineering, re-training, down-sizing, outsourcing, changing-changing-changing. Organizations today think they... Read More

Service Level Agreement (SLA) Boot Camp

Service Level Agreements, or "SLA's" are tricky but useful mechanisms... Read More

Organisational Culture for Continuous Improvement

I have been working with leading Business Improvement guru, Tim... Read More