Introduction Delegation refers to the entrusting of responsibility, granting authority, and creating accountability by the manager. It’s a process that brings a sense of responsibility and motivates the people working under the senior. Leaders build champions by delegating tasks to be performed or the results that are to be achieved. Delegation is, therefore, important for the holistic growth of the employees in the company. Following are the seven steps of effective delegation. Seven Steps Of Effective Delegation Step 1: Think and Plan The first step of effective delegation given by Bob Johnson is to think and plan first about what’s there for them in whatever we are delegating before calling the person in and starting the actual process. You need to prepare a plan first regarding the task to be delegated. Thought provoking biography of Micheal Jordan: Step 2: Define the expected results Bob Johnson mentioned that the second step of effective delegation is to define the results that y
One of the most celebrated person on earth, the man who thinks about building a colony on Mars. Yes, we are talking about Elon Musk who is a founder of revolutionary companies like Tesla and SpaceX.
What is that habit which made him so successful? He disclosed this habit several times but still, people don't follow this method. He uses the concept of "Time Block". So what is the meaning of Time Block? It means that breaking our day into hours, minutes and increasing productivity in those blocks. Achieving goals in small parts and measuring the day in small parts. Musk used to break his day in 5 minutes also. To track his minutes he uses Buzzers and even hourglass. What you'll say about the success of a person who breaks his day into 5-minute blocks. But what we do, we used to waste hour time on social media, nonsense chit chats, etc. Parkinson's Law states that " Work expands to fill the time allotted for it".We must understand that until we use time as currency we cannot get success. So that was the first important success habit which is called the "Time Block Principle".
Habit 2: This habit is taken from Mr. Warren Buffett. Warren Buffett says that whenever we agree to get involved in one great project then we must also get ready to deny 100 other great projects. Its always better to go a long way with 1 great project then taking ownership of so many projects together. Peter Thiel, an American entrepreneur, venture capitalist, philanthropist, political activist, and author confirms the above fact "It's better to take 1%-2% share of a big company like Facebook and Google rather have stakes in multiple small companies". Warren Buffet also says that he used to read books in his 80% of the time and used to implement learning from those books in the rest of the 20%. By doing these things, Mr. Warren Buffet is now one of the richest investors on earth. He even says that focus on one great project is not so important but defocussing from other several projects is more important.
Habit 3: This habit is taken from one of the youngest billionaire Mr. Mark Zuckerberg. He believes to give personal challenges to himself. He used to give an annual challenge, half-yearly challenge and even monthly challenges to himself. So you will be amazed to know that what challenges he has given himself recently, he has taken the challenge of running at least 1 mile daily and to complete 1 book every 2 weeks. Many people used to take 1 month, 2 months and even a year to complete 1 book but people like Zuckerberg, Musk, and Warren used to complete multiple books each month. Zuckerberg has also taken the challenge of learning Mandarin "a Chinese language" because he knows that the future consists of China and to expand in China he must know Chinese well. Just think that a person who has so much fortune and still want to learn so many things. Mr. Zuckerberg does not challenge the world but challenges himself and we must learn from him and start giving new challenges to ourselves.
Habit 4: "Do more talk less" this habit is taken from Indian Billionaire Mr. Mukesh Ambani. He has shown this thing in his whole business journey. People used to think that after Dhirubhai Ambani no one can take his business to the next level but Mukesh Ambani has proved them wrong. Mukesh Ambani always believed in " Dream Big". There is a difference in talking about dreaming big and actually materializing it. If he enters Petrochemicals business then he makes Reliance Petroleum Limited (RPL) which is one of the largest private sector companies in India, if he enters Telecom then he creates JIO who has shaken the industry and changed the internet surfing experience of average Indian.
So we have shared habits of the greatest entrepreneurs in the world. We can also see and observe such habits in successful people around us. Let us try to inculcate these qualities in ourselves and march towards our goal of success.
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So we have shared habits of the greatest entrepreneurs in the world. We can also see and observe such habits in successful people around us. Let us try to inculcate these qualities in ourselves and march towards our goal of success.
Please follow us for exclusive content:
Facebook: https://www.facebook.com/motivationdrive01/
Instagram: http://www.instagram.com/motivation_drive01
TikTok: https://vm.tiktok.com/GkNRUj/
LinkedIn: https://www.linkedin.com/in/%F0%9F%8E%AF-raja-kumar-8ba50372/?originalSubdomain=in
YouTube : https://www.youtube.com/channel/UCSrGHVFiwydjmWFqMGytxmg
Our Website: https://www.motivationdrive.com/?m=1
Hi, You shared very outstanding information with us keep sharing more article like this. . poor orphanage in chennai
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