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A common mistake is to think that our businesses, the ones we’ve built from scratch, wouldn’t work without our involvement in every task. Staying away from the “kitchen” and developing strategies, objectives, and metrics are essential approaches in order to get to the next level.
Once we delegate, the biggest challenge is to track and monitor what we don’t do anymore. A Balance Scorecard is a great measurement system that is easy to use, prepare and communicate. It helps us make the right decisions, stay on the right path and it’s great to diagnose and align resources with our objectives.