Delegating tasks

Category A: High importance, high urgency Do them yourself now. Within reason, spend on them whatever time they take. Category B1: High urgency, low importance Consider delegating these as a development opportunity, perhaps to a new team member. Get them done soon. Category B2: Low urgency, high importance Consider delegating them to a reliable and experienced member of …

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Benefits to delegating

Benefits to the organisation optimum use of staff resources wider ownership of company mission and objectives reduced vulnerability to unexpected absences Benefits to you (the manager) time freed up for more vital tasks staff developed for wider role increased staff motivation Benefits to the individual increased skills or knowledge motivation enhanced wider view of the …

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Market Research

Demand: Is there a desire for your product or service? Market size: How many people would be interested in your offering? Economic indicators: What is the income range and employment rate? Location: Where do your customers live and where can your business reach? Market saturation: How many similar options are already available to consumers? Pricing: What do potential customers pay for …

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