Restraint…Control…Listening…in our frenetic-paced lives these things are often noticably absent. As this nice little post suggests and illustrates : “The power of restraint is a lesson that cuts across all aspects of our lives.”
Most executives are perfectly aware they should be delegating in order to free up strategy time – and yet it doesn’t get done. Part of the issue, executive coach Rebecca Zucker says, may be “underlying beliefs and assumptions…which, at one time, allowed them to cope, protected them, or even allowed them to succeed.
My Next Step Partners colleague Rebecca Zucker is quoted in this article. The process she is talking about is one developed by Robert Kegan and Lisa Lahey at Harvard and is called Immunity to Change (ITC). ITC is an outstanding coaching methodology that helps clients understand how they get in their own way AND the very good reasons they have for doing so based on some hidden–and perhaps wrong–assumptions.
To spend enough time working on a business, you can’t devote yourself to working in it.
A key issue for founders is letting go — not taking on everything themselves and giving away the minutiae to others. “The whole transition from working in the business to working on the business means letting go of what you’re comfortable doing. You always need to be thinking big and challenging yourself.” A key point in this article.
In the earliest stages of a company, the founder or founders are the company and pretty much have to rely on themselves for everything. Even as they begin to grow and hire a few additional employees control is easily theirs –problems arise when they don’t see when it is time to focus on a few core thigs and allow others to step in to handle the rest. If the new hires aren’t capable of stepping in, they weren’t the right hires.
The first employees hired should be top talent with excellent skills and the ability to operate independently (including a spectacular executive assistant). They need the freedom to do what they’ve been hired to do. It not, they won’t be around long.