Tips For CEOs To Delegate Work Smartly

In today's fast paced, hyper-competitive world, it becomes very difficult for CEOs to cope with all the stress. This makes it extremely important for people at the helm to delegate work. If done properly, delegation of work can help you boost productivity, increase employee or customer retention, and increase the overall profitability.

To help you understand how to delegate work effectively, here are a few tips:

Prepare

Just as building strategies and implementing them requires prior planning, delegating work too requires proper planning and preparation. Before you delegate work to someone, decide who is best suited to do the job you are delegating and what kind of outcome you are likely to expect from that person. Having clarity on these crucial issues will help you in getting the desired results.

Discuss the work

Discuss in length with the person about the work you are delegating to him/her. Make sure he/she understands the task and the kind of outcome you are expecting from him/her. And also you must both agree on how the work is going to performed. If there are certain disagreements, clear them right in the beginning to avoid any confusion later on.

Weekly review of work

Schedule a weekly meeting where you can review the progress made so far and give your feedback. Offer your suggestions if the employee is encountering any problems while pursuing the task or if you are not happy with the way work is being done. Discuss with your employee and guide him/her on how you want the job to be done. Weekly or monthly review of the work will always keep you updated about the progress.

Deadline

Be realistic and reasonable, when you set a deadline for the task. Take into account, whether the employee can juggle the work assigned to him/her along with other existing responsibilities. After all, it is better to postpone the deadline rather than ending up with a low-quality work within deadline or a missed deadline.

As a CEO, you need to delegate about 90 percent of work smartly to your employees so that you can devote more time to making strategic decisions.

If you think you are not able to delegate work properly, better join a CEO peer group or undertake an executive business coaching session. A CEO group consist of CEOs from different industries who come together to share their problems and ideas. It is possible that the kind of problem you are facing in delegation of work might have bothered some other CEO as well. It is a great idea to learn from the experiences of people in similar position on how they handled the problems and found solutions to them.

Once you learn from others' experiences, you are better equipped to avoid making mistakes which they may have committed as they went along looking for a solution. A CEO peer group in Atlanta or any other city is a give-and-take platform for practical ideas and solutions where you get to learn new skills and knowledge from the highly experienced people without spending a fortune.