Unfortunately, the vast majority of business decisions are full of considerable uncertainty and situational factors. There is no sure thing, and waiting for more information might seem like a good idea, but oftentimes waiting to get more information is extremely costly in terms of time and money. And if you’re in a high-growth company, this is even harder.
For me, the 4th of July about a celebration of the grand experiment designed by our founding fathers. The United States of America was a radical idea. And one that came with great uncertainty and cost. The signers of the Declaration of Independence and the US Constitution took great personal risk and sacrificed much.
Worldwide101 recently joined up with five-time Inc. 5000 list Founder and columnist for Inc., Forbes, and Business Insider, Bruce Eckfeldt of Eckfeldt & Associates, to chat about the 6 tasks every business owner should start delegating right now in order to save 15 hours per week, and how to truly delegate them most effectively.
Having been a team coach the last decade, I've seen many of these distributed teams struggle, but I've also witnessed many of these teams excel, too. The best ones do not achieve this success by overcoming their challenges, rather, they turn their challenges into advantages. If you're on a distributed team or your company is building a distributed team, here are a few key considerations to keep in mind.
When you're a hammer, everything looks like a nail. The same is true for leadership. If you're great at driving your team by calling the shots, then you'll seek out situations--and even create ones--where making tough calls quickly is critical. However, like any highly developed skill, overusing one kind of leadership mode quickly becomes a liability.
Strategy must connect to execution. View these “Expert Series” webinars to learn how to develop your strategy and enable great execution with OKR goals (what Gazelles methodology calls Annual Initiatives and Quarterly Priorities) and connect it to every individual’s performance via Continuous Performance Management and ongoing progress check-ins.
Julia Pimsleur, CEO, Million Dollar Women - Julia has raised a combined $26 million in non-profit and for-profit dollars. Founder of Little Pim, the leading language teaching method for young children, Julia is also the author of “Million Dollar Women: The Essential Guide for Female Entrepreneurs Who Want to Go Big” to help women learn to raise capital and take their businesses further, faster.