Having trouble delegating? | Issue #258
The Secret to Delegating Effectively as a Busy Executive
Are you bogged down in the relentless grind of running your business? Feeling there aren’t enough hours in the day to get everything done? Wondering how any CEO gets time to look at the bigger picture? Let alone plan for the future? You’re not alone.
We’re all busy. That’s the nature of life. But are you busy doing the right things? This is what you need to ask yourself. You should be spending most of your time on the things that add value and give you joy. The things that only you can do. And all the rest of it needs to be delegated.
You may tell me this is impossible – you’re overwhelmed and haven’t time to delegate. But be honest. Is there a part of you that enjoys feeling needed? Maybe you get a dopamine hit from putting on your Superman pants and saving the day? Do you realise this behaviour misses the fundamental purpose of being a leader – developing your people? Nothing is more important than this.
Serial entrepreneur Sherry Coutu wrote the Scale Up Report for government. The report offers findings and suggestions emphasising the importance of concentrating on ‘scale-ups’ to achieve substantial increases in employment, tax revenue, and overall wealth. This focus is vital for maintaining the UK’s competitive edge for future generations. She identified several gaps between the USA and the UK; a key area is the UK’s need for systematically developing scale-up leadership.
If your business is snowballing, access to talent is always a pinch point. So your task has to be to develop your people. Then, the organisation will have a plethora of possibilities for promotion. And that means you HAVE to delegate.
So, what is the secret to delegating effectively as a busy executive?
E264 | Scaling Made Simple: Removing Barriers to Growth with Sherry Coutu
In a world where knowledge is power, one woman dared to question the effectiveness of traditional learning methods. Sherry Coutu’s unwavering curiosity led her on a journey of discovery from Cambridge University to the heart of entrepreneurial success. But her path took an unexpected turn when she realised that the resources meant to ignite growth were failing entrepreneurs like her. Now, she stands on the precipice of a groundbreaking solution that could revolutionise learning and unlock limitless potential.
This week on The Melting Pot, we learned from Sherry Coutu, a prolific British entrepreneur with an unyielding drive for catalysing progress in business growth. Her portfolio showcases a seamlessly fascinating journey through the tech industry, marked by her triumphant co-founding roles in companies like Interactive Investor International and LinkedIn, which continue to dominate their respective niches. Add her impactful stint as an angel investor, and it’s clear she can identify, back, and shepherd startups to exponential growth. Her firm belief in the power of learning has instigated her remarkable contributions towards bolstering educational endeavours, making her an advocate for skills development.
Download and listen to learn more.
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Quote of the week
“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”
Jeff Bezos
Dominic Monkhouse
Dominic offers business coaching and management development, strategy planning and organisational change, using tried and tested methods to launch your organisation onto an unparalleled growth trajectory. His programme is a function of his broad experience, his deep expertise and a proven process used by over 2,700 firms worldwide.