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Will You Add? - Delegation - The Basic Steps To Reducing Your Workload And Creating A Successful Team
Global Acquisitions-The Critical Measures The five critical factors that measure the success or failure of an acquisition are Financial measures, Economic measures, Strategic measures, Executive measures and Regulatory measures. Let us see how each of them can give your managers an overview of the acquisition and the implementation. When you are analysing the acquisition after a period of 6 months you would like to see whether the acquisition has improved the earnings per share (EPS) or return on Investments (ROI).Have shareholders respected your decision of acquisition in the right spirit by lifting your company's share price. Are the cumulative abnormal returns (CARs) positive. If you get a positive answer to all these questions then your acquisition has fallen in place.The next measure is the economic measure. You need to understand whether the acquisition has d Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans Business - What's Your Vision? If you have a task greater than you can handle on your own, then you need to delegate. Not a choice many of us choose to make, but one we can all learn. This article will take you through why delegation is so important and give you simple steps to take so that you communicate the vision, motivate your members and build them as individuals and as a successful team.Do you have an idea or vision for the future? Does your idea fire you up and excite you? I am not talking about an ordinary level of excitement, I am talking about burning passion to see your idea turn into reality. Do you believe in your idea? More importantly, do you believe in yourself? I am talking about serious faith in your idea and your ability to turn it into reality. If you don’t, you probably won’t.Someone once said: “If you can think it, you can achieve it” I would add to that statement: “If you believe it”… and the most important “it” is you. Ideas are a dime a dozen but you are one of a kind and if you don’t believe in your abilities to get the job done, how will you ever achieve the level o So let's start with the Whys. The first is obvious. The task if too big for one person. Or maybe is beyond the skills of that one person. The second is that there is more chance of success because using other people brings in extra skill-sets, and added enthusiasm. The third WHY is that delegation gives the leaders in an organisation the chance to develop the latent strengths and talents of their members, giving the organisation a greater pool of skill and potential leaders. Be prepared before you Delegate Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans Entrepreneur's Nightmare ou simple steps to take so that you communicate the vision, motivate your members and build them as individuals and as a successful team.You are an entrepreneur running a small to midsize business with let’s say 5 to 200 employees. Let’s assume that your outlook might be fairly well and you do have a healthy growth rate…or maybe not. Whatever the case is do you know the signs that something is not right in your business?Do you know what it is you have to look for? Do you walk around in your business observing even the tiny details? And if you do, do have a structure behind it? Do you know what questions to ask?How much time do you think the average employee is wasting every day? Would one hour be accurate and if, how much will this cost you? And being honest about that two to three hours wasted during the day are more close to the truth…But maybe you don’t have the time to do that…Watch out, you could be in deeper trouble than you would think. So let's start with the Whys. The first is obvious. The task if too big for one person. Or maybe is beyond the skills of that one person. The second is that there is more chance of success because using other people brings in extra skill-sets, and added enthusiasm. The third WHY is that delegation gives the leaders in an organisation the chance to develop the latent strengths and talents of their members, giving the organisation a greater pool of skill and potential leaders. Be prepared before you Delegate Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans How To Gear Up Your Network or one person. Or maybe is beyond the skills of that one person.The art of Networking is a key ability for any type of entrepreneur. Networking can bring you important information as well as give others important information about you. As an aspiring or current business owner, networking should be an area of interest of prime importance to you and the future of you business. For those of us working via the internet only, the concept of networking becomes at the same time daunting and almost hilariously easy. Just point and click. You can even get software to help you contact people you want to network with. Personally I like to do most things manually, to get a feel for the project at hand.If you don’t understand why networking is so important to business survival, then I suggest you do some research. You will be amazed at the potential inherent in the simple act of getting to know some The second is that there is more chance of success because using other people brings in extra skill-sets, and added enthusiasm. The third WHY is that delegation gives the leaders in an organisation the chance to develop the latent strengths and talents of their members, giving the organisation a greater pool of skill and potential leaders. Be prepared before you Delegate Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans Find Out Where You Suck legation gives the leaders in an organisation the chance to develop the latent strengths and talents of their members, giving the organisation a greater pool of skill and potential leaders.When I submit a book manuscript to my editor, I hope she uses up an entire red Sharpie marking up my draft.Because I want to know what sucks.Sure, it hurts. But I’ll take hurting over sucking any day.Also, notice I said to find out “what” sucks, not “who sucks.”Don’t take it personally.It’s not the author who sucks; it’s the writing that sucks.It’s not the speaker who sucks; it’s the delivery that sucks.Therefore, it’s not about you. It’s about the work.So, plain and simple: you need to find out what sucks.Take it as free advice to help you improve. Sure, it’s harder to ask people to point out the negatives. But this is the only way you’re going to get better.HOW TO FIND OUT WHAT SUCKS1. Pick the right person. Not everyone possesses the candor to tel Be prepared before you Delegate Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans Shifting Goal Posts If transport industry is a game of soccer, there are sure signs that the goal posts are shifting*. (Note: for better viewing experience with appropriate colour highlights, please refer to original article, url attached)Goalpost #1: Previous goal post (1996): LTA White PaperWe only started MRT operations in 1987. We cannot grow a comprehensive network over the next few years. However we will build up the network incrementally, properly sized to match our city of the future. Over a decade or two, the results will be significant and clearly visible. Our target is to have as high as percentage of trips on a quality public transport system as in Zurich, where 75% of trips into the city centre are by public transport.Current goal post (2006): Speech by Raymond Lim, 23 OctThe aim is to increase Ensure that you have your vision articulated very precisely. This is the vision that you will use to motivate and enthuse your members. Be very familiar with the place of this particular job in the organisation's plans and objectives. Run the idea past other members of the Board, or trusted friends, so that they can find any difficulties or flaws. They can refine the idea for you, until it is stronger and more authentic than your original. Check out the resources available for the job to be delegated. Understand the whole scenario. Look for the fears that your members may feel, anticipate the problems that might occur, and think through how you will deal with those, what you will say. Look for flaws that might exist in the way you will communicate your plan, and the ways you might be misunderstood. Then you will be prepared enough to present a confident persona when you are motivating those who will share the work. Match the Job to the Person How many people will you need? What kind of history does that person have on previous jobs? Does this person show enthusiasm and in
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