Businessmen are often leery of relinquishing direct control. They like to hold all the reins and personally oversee tasks and projects, afraid that they may undermine their self-importance and relevance. Consequently, they fail to streamline business practices and inevitably stall the growth of the company.
Delegation and outsourcing, on the other hand, are potent tools that are accessible to businesses of all shapes and sizes, ones that can potentially elevate them closer to success. So, do not miss a chance to fill in the gaps within the organization and prevent productivity from going down the drain.
Less is more
Fear of losing power and authority is misleading at best. Ruling with an iron fist is not the best leadership style there is. There are ways to run a tight ship without getting involved in everything. What is more, business success does not revolve around one individual. It is all about the value that the whole team adds to the organization. Even the most talented leaders cannot do everything on their own.
Furthermore, numerous scientific studies have shown that multitasking is bad for your productivity level. When the brain needs to switch back and forth between different tasks, your attention and focus are inhibited. Besides typical reluctance, another reason why some people shy away from delegation is that it requires a whole lot of explanation and coaching. This is an additional time investment, but one that can really pay dividends.
A day has so many hours and generating additional ones is not possible. So, you might as well make the most of the available time and focus on the core aspects of running a business such as planning, as well as strategic and analytical efforts. You should let others take some workload and responsibility of your plate. Hence, practices such as outsourcing and delegation hold great promise when it comes to allocating resources more efficiently.
In fact, we want to argue that these tactics are some of the most important elements of being a successful business owner and manager. You have an opportunity to save a considerable amount of not only time, but also money. Namely, you do not have to cope with having more employees on your payroll. You either do more with the same number of people or pay professionals only for the duration of the project.
Shifting business ecosystem
In recent years, outsourcing has been gaining traction across the globe. The rapid advancements in technology have nurtured a global landscape of business collaboration opportunities. People are able to work remotely, on the go, and from any place thanks to the benefits of internet connection. Tasks can be outsourced to other departments and offices or experts on the other side of the world.
Companies in the US now rely on people and organizations from Asia, Africa, and other continents, capitalizing on the fact that outsourcing in Jordan, India, Philippines, Russia, Mexico and other countries is relatively cheap and quite effective. Some corporations even establish specialized centers in foreign countries to move critical functions there.
Areas like web design, graphic design, HR, digital marketing, accounting, bookkeeping, and IT support are teeming with capable and qualified individuals. Therefore, finding a suitable professional should not be too hard. In all likelihood, hiring temporary will go a long way in helping companies stay on top of projects of all types. Ultimately, you are in a position to reap long-term benefits, get more things done every day, and boost efficiency across the board.
On the ball
There are various specific reasons why enterprises turn to outsourcing. Sometimes, you want to conserve resources by handing out tasks to a lower cost department. Another instance when it comes in handy is when there is a time-intensive task at hand. Finally, one of the most common reasons behind this strategy is the lack of technical capacity or expertise within the organization.
Of course, to really capitalize on delegating and outsourcing, a business organization must have sound hiring policies in place. Without a motivated and capable workforce, delegation can do more harm than good. Thus, spur its professional and personal growth and provide training opportunities. Make sure to monitor and reward solid team performance and individual contributions.
Keep the tasks within the limits of employees’ skill and expertise levels. Help everyone gain a sense of mission and direction. Open up communication channels and set clear expectations. Identify checkup points as well as the timeline. At last, review the candidates for outsourcing thoroughly. Much of the responsibility still lies on the shoulders of managers, owners, and CEOs, so there is no burying the head in the sand.
Full steam ahead
Taking first steps towards progressive practices can be time-consuming and tedious, but when effects kick in, they tend to steamroll. So, do not hesitate to delegate recurring work and important tasks to team members. Make the best use of your time and eliminate bottlenecks and hiccups in business processes.
Set clear goals and keep everyone on the same page. Give outsourcing a try and choose who youput trust in carefully. This kind of approach has a profound impact on workers’ engagement and satisfaction, business growth, and bottom lines.
Dan Radak is a marketing professional with eleven years of experience. He is a coauthor on several websites and regular contributor to BizzMark Blog. Currently, he is working with a number of companies in the field of digital marketing, closely collaborating with a couple of e-commerce companies.