When something is your creation it is a big step to let others in to take responsibility, drive the delivery of actions and benefit from the rewards. Yet allowing others to share aspects of your business is essential for achieving growth and reaching your goals.
You will undoubtedly know company owners who hold on to too much and struggle with the workload and daily pressure of running a business. Or maybe you can relate to the business owners who are the opposite and are too trusting.
Absolute trust is a very rare thing. In business we talk about trust as the basis for better relationships, better collaboration, better culture and better outcomes. Trusting someone you know can do something is easy; trusting in someone’s future potential takes leadership.
As leaders we need to trust to develop our business and trust is based on a combination of character and competence. You are more likely to trust someone who is both open and honest in their endeavours (character) and who tries to do something right (competence).
To develop the trust you have in your team, and to broaden their skills, you need to delegate. Start with the things that you’re not good at, you don’t enjoy or that get in the way of more valuable activities. With these as your start point try these steps:
- Identify and make a note of who has proactively volunteered for extra responsibility and give them the chance to take on more
- Have a conversation, open up possibilities and remove barriers that may have instilled a ‘leave things to me’ culture
- Try breaking down a task into smaller chunks and ask someone to take it on with your guidance
- Assess the person’s progress and output – not just in doing the task but also how they respond to being asked, what pride they take and their appetite for more
- Ask for and provide feedback because it will help you and your team learn and create an open trusting environment in which future activity will thrive.
If you are a business owner who has been keeping everything to yourself and are now feeling the strain, applying the points above will help both you and your team. If you trust ‘too much’ or feel you have been caught-out in the past, then do likewise.
Whatever situation you can relate to, we can help you gain, build and develop trust in your team so that you can collectively take your business to the next level.