Delegation & Supervision (The Brian Tracy Success Library)

 Delegation & Supervision (The Brian Tracy Success Library)

Author: Brian Tracy
Pub Date: July 2013
Print Edition: $9.95
Print ISBN: 9780814433140
Page Count: 112
Format: Hardback
e-Book ISBN: 9780814433157

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Excerpt

CHAPTER ONE: Develop Your Most Valuable Resource

YOUR MOST valuable resources in business are the human resources entrusted to you to get the job done. They are far more valuable than computers or office space. Excellent managers are those who are capable of eliciting the highest quality performance from the people they manage.

Your job as a manager is to get the maximum return on the company's investment in people. As much as 85 percent of the operating budget of any organization, especially a service business, is spent on salaries and benefits. The question is, "Are you getting the maximum return out of these expenditures?" Delegation is one of the ways to do just that.

The average person works at 50 percent to 60 percent of capacity. That means that in the average organization, half of the capability of employees is not being tapped. An excellent organization is one in which people are using more and more of their potential capacity to achieve the goals of the organization.

Grow Your People

Your job as a manager is to grow people. You are entrusted with the responsibility of taking care of your people and developing them. Only people can be made to increase in value. Computers and other equipment depreciate and eventually become obsolete. People, however, can be made to grow in value, depending on how they are managed and utilized. Delegation is a wonderful tool to challenge your people and cause them to stretch, achieving greater results and making a greater contribution.

Most important of all is how delegation allows you to fulfill your own personal potential. The wonderful discovery is that your potential as a manager or executive is virtually unlimited, provided you are able to unleash the talents and abilities of others by delegating and supervising effectively.

You have two choices in the world of work. When work has been assigned to you and you are accountable to your boss, you can either do it yourself, or you can get someone else to do it. Your ability to get someone else to do the work--or, more precisely, to entrust the work to someone else who can, in fact, do it--lets you focus on the work you have to do. More than anything else, this ability to effectively delegate is going to determine your career track, your rate of promotion, your pay, your status, your position, your prestige, and your success in management.

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