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ENCOURAGE YOUR DIRECT
REPORTS TO DELEGATE
CREATE A HEALTHY STRUCTURE
THAT FACILITATES FUTURE GROWTH
Teach your managers
how to delegate
Make sure they keep themselves
and you updated on key events
FOCUS ON RESULTS,
NOT METHODS
STRENGTHEN EMPLOYEE
COMMITMENT AND SKILLS
Leave employees to adopt
their own working style;
don’t impose your methods
STAY IN CONTROL OF YOUR BUSINESS
AND GIVE FEEDBACK AS NECESSARY
!#%?!
:)
SHARE YOUR BUSINESS
STRATEGY WITH EMPLOYEES
GAIN EMPLOYEE
SUPPORT AND IDEAS
Hold regular
town hall meetings
Discuss results, short-term
goals and strategic objectives
Celebrate your victories
ENABLE OTHERS TO RUN THE BUSINESS
WHEN YOU’RE NOT THERE
ASSESS YOUR
WORKLOAD OBJECTIVELY
IDENTIFY LOW-LEVEL ACTIVITIES
EATING UP YOUR TIME
Keep a diary for 2
weeks to analyze how
you spend your day
Track time on strategic
projects vs. day-to-day
firefighting
IDENTIFY YOUR
BEST PEOPLE
STRENGTHEN THE RANGE AND DEPTH
OF YOUR COMPANY’S EXPERTISE
Look for employees who
can take responsibility
Hire people with skills
that complement your own
Create clear job descriptions,
evaluations and incentives
MAKE YOUR LIFE EASIER AND
BOOST BUSINESS PERFORMANCE
CREATE A TEAM THAT’S READY, ABLE
AND MOTIVATED TO SHARE THE LOAD
BDC IS THE ONLY BANK DEDICATED
EXCLUSIVELY TO ENTREPRENEURS
DETERMINE WHERE YOUR
CONTRIBUTION IS NEEDED MOST
Identify your
strengths and
weaknesses
Focus on what you’re
best at and delegate
weaker areas
TRAIN. COACH.
EMPOWER. TRUST.
Build employee skills
through training
and coaching
Build confidence
by empowering them
with responsibility
DEVELOP REPEATABLE
PROCESSES
Get all business
processes out of your
head and onto paper
Make sure processes are
described clearly and fully
so they can be easily learned
FOLLOW UP WITHOUT
MICROMANAGING
Maintain control by
organizing one-on-one
meetings with key managers
Ask for regular
briefings on
key projects
DELEGATE NOW
TO REDUCE STRESS AND
GROW YOUR BUSINESS
EXPAND YOUR
BUSINESS HORIZONS
For more advice, go to bdc.ca/delegate
WAYS TO STRENGTHEN
YOUR BUSINESS THROUGH
BETTER DELEGATION
1 2
3 4
5 6
7
9
8

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9 ways to strengthen your business through better delegation (BDC)

  • 1. ENCOURAGE YOUR DIRECT REPORTS TO DELEGATE CREATE A HEALTHY STRUCTURE THAT FACILITATES FUTURE GROWTH Teach your managers how to delegate Make sure they keep themselves and you updated on key events FOCUS ON RESULTS, NOT METHODS STRENGTHEN EMPLOYEE COMMITMENT AND SKILLS Leave employees to adopt their own working style; don’t impose your methods STAY IN CONTROL OF YOUR BUSINESS AND GIVE FEEDBACK AS NECESSARY !#%?! :) SHARE YOUR BUSINESS STRATEGY WITH EMPLOYEES GAIN EMPLOYEE SUPPORT AND IDEAS Hold regular town hall meetings Discuss results, short-term goals and strategic objectives Celebrate your victories ENABLE OTHERS TO RUN THE BUSINESS WHEN YOU’RE NOT THERE ASSESS YOUR WORKLOAD OBJECTIVELY IDENTIFY LOW-LEVEL ACTIVITIES EATING UP YOUR TIME Keep a diary for 2 weeks to analyze how you spend your day Track time on strategic projects vs. day-to-day firefighting IDENTIFY YOUR BEST PEOPLE STRENGTHEN THE RANGE AND DEPTH OF YOUR COMPANY’S EXPERTISE Look for employees who can take responsibility Hire people with skills that complement your own Create clear job descriptions, evaluations and incentives MAKE YOUR LIFE EASIER AND BOOST BUSINESS PERFORMANCE CREATE A TEAM THAT’S READY, ABLE AND MOTIVATED TO SHARE THE LOAD BDC IS THE ONLY BANK DEDICATED EXCLUSIVELY TO ENTREPRENEURS DETERMINE WHERE YOUR CONTRIBUTION IS NEEDED MOST Identify your strengths and weaknesses Focus on what you’re best at and delegate weaker areas TRAIN. COACH. EMPOWER. TRUST. Build employee skills through training and coaching Build confidence by empowering them with responsibility DEVELOP REPEATABLE PROCESSES Get all business processes out of your head and onto paper Make sure processes are described clearly and fully so they can be easily learned FOLLOW UP WITHOUT MICROMANAGING Maintain control by organizing one-on-one meetings with key managers Ask for regular briefings on key projects DELEGATE NOW TO REDUCE STRESS AND GROW YOUR BUSINESS EXPAND YOUR BUSINESS HORIZONS For more advice, go to bdc.ca/delegate WAYS TO STRENGTHEN YOUR BUSINESS THROUGH BETTER DELEGATION 1 2 3 4 5 6 7 9 8