Business Advisory News For Accountants

B040 Portfolio Allocations Is Important For Effective Management

Informações:

Sinopsis

One of the problems with many small/medium enterprise operators is that they try to do too much, primarily because they haven’t introduced effective delegation within the organisation. One way to introduce effective delegation is to allocate portfolios relative to that particular business. It’s a good exercise to sit down and write down all the functions that relate to the organisation and to think about how that role should be performed.  Even if it’s only for few minutes each day or 10 minutes a week, it all contributes to the effective management of the business. If all the responsibilities for these tasks are left for one person, it’s no wonder that many small/medium enterprise operators get “bogged down”. Read more on our blog