Steps to Management Success – Step 9: Work on Your Business, Not Just for Your Business

Written By Rick Frishman Published March 30th, 2010

STEP NINE

Work on Your Business, Not Just for Your Business

There are many tasks that never “need to be done tomorrow.” But they do, in fact, need to be done. Unless you regularly schedule time to work on growing your business and to answer critical questions, you may find yourself too busy to get to the issues you really need to focus on.

WHAT IT MEANS: Most businesspeople are so busy working for their business that they never find time to work on their business. But if you don’t, who will? After all, many small-business owners spend virtually all of their time working, so they get kind of used to doing everything themselves. Putting out small or not-so-small fires and jumping around from task to task can keep you busy, and there’s even something reassuring about it—you’re within your comfort zone. But often it just isn’t the best possible use of your time.

ACTION PLAN: Schedule some time regularly to do “big picture” stuff. Working on your business is about planning the future, planning management succession, selecting great employees, assigning and delegating tasks, considering new marketing strategies, securing new financing and/or equipment. Keep a list of things to do (and things you can do) to address these challenges—and keep doing them!

EVEN BETTER: Schedule a strategic retreat meeting with your senior management team. In a pleasant and secluded setting, away from the phones and minutia of daily business, you’ll be more relaxed and prepared to focus in on one or more (fewer is better) critical business issues. Hire a consultant or corporate trainer to help facilitate group brainstorming.

(Excerpted from: 10 Clowns Don’t Make a Circus. . . and 249 Other Critical Management Success Strategies by Steven Schragis and Rick Frishman)

1 Comment

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