Over the past few years, you may have heard the term “outsourcing” being used more and more, but some leaders are not really aware of the difference it can make. Many organisations, especially smaller ones, assume that outsourcing it only for the big corporates.
Outsourcing is very similar to delegating… Ultimately, it’s getting someone else who is better suited and skilled at a certain task to complete it, rather than you! (Usually in half the time!) What is the difference between outsourcing and delegating? The truth is, very little! The only major difference is that outsourcing means to ask a professional outside of the business to undertake the task. For example…
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Do you ever have non-stop days where you're busy all day, but at the end of it, you feel like you haven't actually accomplished anything? That's the difference between activity 😥 and productivity 🤩!
Activity is running around all day, doing a million things, but not really getting anything done. I liken it to a day of troubleshooting or ‘firefighting’… Productivity is actually getting things done, even if it's just one or two things, and feeling accomplished as you wind up for the day Every part of me believes that the heartbeat of success for any business or organisation is rooted in understanding and managing cashflow!
Regularly assessing cashflow and budgeting based on careful forecasting isn't just good practice, it's the lifeline that sustains and propels businesses forward. Cashflow isn't just about tracking money in and out - it's about foreseeing the tides and currents that affect financial stability. It empowers businesses and organisations to anticipate challenges, seize opportunities, and make informed decisions.. We all know we should set goals, right? But you’d be surprised how many organisations just don’t set clear goals!
Goal setting isn't just a buzzword – it's at the core of success for organisations and businesses across the world! In the dynamic landscape of business, setting clear and achievable goals isn't just beneficial… It's essential for growth and sustainability. For any business or organisation, trying to grow without defined goals is a bit like sailing without a compass! Goals offer direction, focus, and a framework for decision-making – essential components for steering you towards success... What time do you go to bed? Do you have a set bed time? If you answered yes - great, well done! If you answered no, then you should! 😀
In the world of entrepreneurship and leadership, it's easy to fall into the hustle-and-grind mindset, often at the expense of our sleep. However, it's crucial to remember that sleep is not just for kids; it's a fundamental necessity for adults, especially for those at the helm of businesses or teams. Here's why prioritising sleep matters (backed by brain science!): Delegation is a fundamental skill in both personal and professional life, yet, for many, the act of delegating is accompanied by a nagging sense of guilt. Usually that you should be able to do it yourself or your team are too busy.
If you are a leader of a team or a business, here are a few good reasons why you SHOULD learn to delegate properly... 1.Customer-Centric Excellence: Remember, customers are like houseplants – neglect them, and they'll wither away. Water them with exceptional service, and they'll bloom like never before!
Shift your focus from product-centric to customer-centric: Understand your customers' needs deeply, personalise experiences, and build lasting relationships. Happy customers are loyal customers, and they'll be your best advocates. 2.Agile Adaptation: Adapting to change is like picking the fastest checkout line at the supermarket. It might not always work, but you'll learn to navigate unexpected twists! Embrace change as a constant: Develop an agile mindset that allows you to pivot swiftly in response to market shifts, technology advancements, and customer demands. Flexibility and adaptability are your competitive advantages...
Often what you think you want is not what you want at all!
I'm lucky enough to have a really special team of leadership and management trainers who get to work with some pretty amazing organisations, businesses and NGOs. Most clients are sure they know what they need from us when we first meet. They come to us to fix a particular problem with their team, business or organisation. They often want a quick fix. They just see a problem that needs fixing. But often the problem they think needs fixing is just a symptom of a very different issue altogether. For example... It's always a real joy to witness the sometimes remarkably fast growth of a business. But fast growth can bring a ton of challenges - as one fo my clients Trevor, a passionate and driven business entrperenuer, found out!
When I first met him, he was exhilarated by the success his business was achieving. However, along with the growth came a myriad of challenges that threatened to derail his progress. The sheer volume of tasks, managing a growing team, and maintaining work-life balance were taking their toll.. |
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