Where you spend your time determines how much value you add
'On' The Business
- Setting the Core Purpose and Direction
- Motivating, developing and inspiring people
- Looking to innovate and change
- Taking smart risks
- Doing the right things
'In' The Business
- Delivering against objectives
- Focusing on systems and processes
- Working with the status quo
- Seeking control
- Doing things right
If you are spending too much time ‘in’ the business, then who is running it? If you are working ‘in’ the business, then chances are you are not delegating enough or developing others enough and this will create long-term problems. If you are not growing your people, then you are not growing your business.
Once a year the management team and the CEO/MD should be looking at their respective roles in the business and re-evaluating how they are spending their time. At the top of the business you are paid the most and therefore must be doing the most valuable work. It is too easy to get side tracked into other people’s urgent or things you just enjoy doing.
So, take some time, step back and ask yourself ‘Are you spending your time in the most valuable way to grow your business?’