THE “ENTREPRENEURIAL SUPERMAN’S” METHOD OF DELEGATION AND EMPOWERMENT

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When starting up, most entrepreneurs are still severely lacking and weak in leadership, management and operations skills. Although their businesses are not yet large, this limits the startup's success because when starting a business, one key to success is the ability to optimize resources, because your resources are too limited.

One of a founder's weaknesses is assigning work and delegating authority. Many founders do not know how to delegate.

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In my experience, when assigning work, check the following actions, it will help you improve your effectiveness significantly:

1.Set quantitative targets: deadline, budget, and quality standards upon completion (the Time – Cost – Quality trio).

2.Determine how the work will be done (How to?)

3.Choose who will perform the work (choose the person for the task, rather than inventing tasks for a person).

4.Discuss with the person receiving the assignment.

5.If you have many tasks, establish priorities.

6.Agree on how work will be evaluated and the desired results.

7.Set checkpoints to review work (divide it into several milestones if the deadline is far away, so you do not ignore the employee's work until the ‘line’ arrives and you are… ‘dead’)

8.Clearly define the delegated person's scope of authority.

9.Ask the person receiving the task to repeat the assignment.

10 (Bonus). Announce it widely after the person assigned the task has accepted it (this technique increases the employee's commitment).

To become an “Entrepreneurial Superman,” you must know how to delegate effectively, because you cannot keep doing everything well on your own forever.

Become a Startup Superhero now!

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Author: Tạ Minh Tuấn – Steve Starwalker là doanh nhân đi tiên phong trong các lĩnh vực entrepreneurship education, family healthcare and telemedicine technology in Vietnam.  

Chương trình liên quan tại YUP Education: X-Startup – khóa học khởi nghiệp «Khởi Chánh Nghiệp» · The Journey – lộ trình phát triển doanh nhân