The Top Ten Reasons to Start Leverage Practice Today

“Don’t be a bottleneck. If the matter is not a decision for the President or you, delegate it. Force responsibility down and out. Find problem areas, add structure, delegate. The pressure is to do the reverse. Resist it.” – Donald Rumsfeld

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The art and science of what I call leverage practice (in other words, smart delegation), may be one of the most underutilized, yet powerful tools that you, as a thriver, have in your toolbox. Do you use it often enough to be effective? If you do, are you doing it to the best of your ability?

Here are the top ten reasons why I believe you should start leverage practice today:

1. It frees up time. 

You don’t have time to breathe because you’re so busy. You work hard all day…but are you working smart? At Mindmaven we collaborate with our clients to teach them how to be proactive instead of reactive. Leverage practice frees up time for you to be more proactive about working on the projects that move the ball forward. People that are proactive are simply the most successful people in the business world

2. It helps you focus on what’s important. 

Leverage practice forces you to take notice of the difference between urgent and important tasks. Urgent tasks need to get done from an operations standpoint, but they are very often reactive tasks, like scheduling, that don’t do much to move the ball forward. Important tasks are more tactical and require you to be proactive in order to get them done. They help the company grow. By lightening the reactive load through leverage practice, the leader frees up more time to be proactive.

3. It’s critical to success. 

If you learn to delegate right, you learn to scale. I would bet that there are very few successful companies that have not relied on an organizational habit and a set of best practices for delegation as a means for expansion. In the DNA of every successful company, there must have been smart delegation along the way. It gives leaders more time to lead, and bumps team members up in terms of their skill sets and job titles.

If you learn to delegate right, you learn to scale. Tweet this

4. It develops better communication skills in leaders and team members.

 Every successfully delegated, high impact task has facilitated good communication between team members. Learning delegation is a lesson in how to truly communicate instructions with clarity to other people where you and they both understand. These communication skills transcend the borders of leverage practice and become beneficial in almost every aspect of your life.

5. It creates many win-win situations. 

Leverage practice allows you to survey your team and pick your best match for a job. It forces you to notice the potential of your team members. It takes time and careful thought and is based on many factors including skill set, personality, and/or aptitude. A great match means everyone wins: you (frees up your valuable time), your employee (feels accomplished and possibly learned a new career-advancing skill) and your company (expands as more time can be devoted to tactical planning and implementation).

6. It teaches you to let go of your ego. 

Leverage practice teaches you to tame your ego. You DON’T have to do it all. In fact, there are probably folks who may be able to do just as good (or even better!) on a task that you typically do. Hoarding work out of fear that only you can handle it allows for little growth for you or your team.

7. It helps develop loyalty. 

Leverage practice forces you to recognize, analyze and appreciate the skills of your team members. You may even think of a person for a role you never would have before. You’re able to make better matches and offer opportunities for professional growth when you take the time to really think about where your team members’ strengths lie. By offering higher-level tasks and expressing appreciation for a job well done, your team will feel a much stronger loyalty toward you because you believed in them.

8. It helps you find talent.

Retain talent amidst the current “talent war” by delegating and teaching higher-level skills, enabling team members to be promoted from within. Identifying and growing talent from within is far easier than trying to find, hire and retain new talent from outside.

9. Creates repeatable processes that save time.

Smart delegation develops new processes. Most delegated tasks are repeatable, so not only are you freeing up more time for yourself, you’re building infrastructure that can be repeated as you scale.

10. Enhances workplace satisfaction.

A happier team – when people feel they are being offered opportunities to grow, praise for their success and upward mobility increases their morale and motivation to do an awesome job for the company.

Ten reasons why you should start delegating today. Tweet this

I hope this helped identify ways you can better leverage your time. Learning, understanding and implementing this critical skill is fundamental to effective leadership and smart business. So much so that Sir Richard Branson, quite possibly one of the most successful businessmen of all time claimed that, “Virgin’s ability to grow and diversify successfully was set in the company’s early days, with my learning how to delegate and let go.” Mindmaven challenges you to do the same.[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

2016-11-25T12:03:50+00:00

About the Author:

Patrick Ewers is the founder and CEO of Mindmaven, an executive coaching firm and educational platform focused on helping startup CEOs, executives and their team members achieve their fullest potential and generate game-changing opportunities by better leveraging the most valuable relationships in their network.