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June, 2015

The Pathway to Delegation

Delegating management responsibility is a problem for many in leadership positions and particularly business owners. Delegation is a core concept to being a leader. However, there can be resistance by leaders to letting go of responsibility (and recognition) to subordinates who might stumble and put them (and the company) in a bad light or to overshadow their leader thereby getting the recognition that they are seeking. The result is over worked leaders, under developed, and frustrated, subordinates and organization disharmony.

If delegating is core to management leadership, why is it a stumbling block and what is the pathway for successful delegation and organization harmony?

Check List
Obstacles to Delegation
A leader uncomfortable with delegating responsibility to a subordinate is usually working with the following constraints: . . . read more.
Regards,
Mike Brice
Phone: (206)226-1617
Email
Blog


Feature Article

An advisory board is recommended for entrepreneurs to bring experience and perspective to the business decision process. Seasoned owners will also rely on an advisory board to gain access to critical professional skills, experience and contacts within key industries or markets. An often awkward point in the discussion of board service is what type of compensation is appropriate. The Young Entrepreneur's suggested the following 9 incentives to consider.

  1. Knowledge About Your Business Strategies
  2. Equity
  3. Nothing
  4. A Voice Within the Company
  5. Future Opportunities
  6. Equity Only as a “Thank You”
  7. Vision and Influence
  8. Cash and Equity
  9. A Thoughtful Gesture

What methods do you use to incentivize board service.?

Click here to read the complete article and discussion of each characteristic.


Note: Ask yourself the following questions.
  • Do you use a board of advisors?
  • Do you rely on your board of advisors to assist in the strategic direction of the business?
  • Do you recruit advisors that are critical thinkers or friends?

If you are looking for guidance on how to recruit and establish a board of advisors contact Mike to learn about the Executive Coaching services available from Brice Consulting for you and your organization.

Leadership Resources

Video(s)
Decision Making: Three tips for better decision making and improving your leadership skills.
Leadership Development: 3 Tips for Better Decision Making (3:02 min)

Decision Making: Making an important decision is never easy, but making the right decision is even more challenging. Effective decision-making isn't just about accumulating information and going with what seems to make the most sense.
Make the Right Choice: Three Steps to Effective Decision Making (3:59 min)

Articles:
Leadership: If you want to be the CEO of a company, you need to act like an extrovert at times.
Five-Click Leadership: How Introverts Can Get Ahead


Decision Making: We have all seen it before, "decision paralysis" - the complete lack of ability to decide.  A recent incident showed us something profound - that decision paralysis can happen to anyone, and with the right strategies, it can be avoided.
Decision-Paralysis: Why It's Prevalent And Three Ways To End It

Personal Control: Pet peeves, irritation, triggers, negativity… are these part of your daily life or things that only happen once in a while? Do you look forward to or do you dread the moments between your morning cup of coffee and reading your first email?
Triggered? 6 Steps To Prevent 'Losing It'


Productivity: You want to be as productive as possible, right? But what happens when it goes too far?.
The Downside of Super Productivity


Recruitment: Toss the canned interview questions and try these instead.
6 Interview Questions You Must Ask if You Want to Hire the Best People


Team Meetings: One of the most important responsibilities of a manager is being able to plan and run an effective team meeting.
How to Lead a Team Meeting

Marketing: Members of the online small business community have had to make those decisions plenty of times, so they have lots of helpful tips to share.
Think About These Steps Towards Better Online Marketing


Recruiting: At the end of most job interviews, the hiring manager will turn the tables and ask, "So, do you have any questions for me?"
The 3 questions one CEO hopes to hear from everyone he interviews - but hardly ever does


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