Business and Money Tips

Define the task, output clearly. Use this SMART criteria (specific, measurable, achievable, results wanted and timing) Delegate to a person with demonstrated competence (this is not training, you are delegating an important task, don't leave to chance) Explain the task clearly, preferably in writing (this will reduce misunderstanding & mistakes) Invite questions and feedback (Ask: "Can you show me how you're going to do it?") Give a schedule, deadline (Always leave some buffer in case of mistakes by giving a tighter deadline) Inspect what you expect (surprise audit is the best) Remember, Delegation is not abdication, this means responsibility still lies with you and YOU are still answerable. FOR A LARGE JOB, SET UP A DELEGATION AGREEMENT WHICH STATES:- · Intended outcome · Required resources · Completion deadline · Benchmarks (how can you measure progress) · Accountability · Consequences (for not completing) Delegation Exercise for You now: List 3 low