Twenty lessons in 20 years: Lesson 15 – Don't fall... dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.
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One of the most common mistakes I see entrepreneurs make as their businesses begin to grow is confusing the concept of delegation with the concept of abdication.
Delegation is the managed transference of responsibility of a job, task, project or target to another person in the organisation. Abdication, on the other hand, is the view that when you assign something to someone else, from here on out it is their problem. Abdications rarely feature a handover or expectation. They often come with an attitude of: now it’s your problem, so I can get back to whizzing around, shooting from the hip and dealing with all the urgent – but often not so important – things I need to get done.
Over the past 20 years, Raizcorp CEO Allon Raiz has learnt many tough lessons and overcome many entrepreneurial challenges. He has also had the privilege of learning from the journeys of more than 13,000 entrepreneurs who have passed through Raizcorp. In this series of articles, Raiz shares 20.
Twenty lessons in 20 years: Lesson Eight – Finding th... dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.
Over the past 20 years, Raizcorp CEO Allon Raiz has learnt many tough lessons and overcome many entrepreneurial challenges. He has also had the privilege of learning from the journeys of more than 13,000 entrepreneurs who have passed through Raizcorp. In this series of articles, Raiz shares 20.