Find Your Focus; Categorizing your activities allows you to spend more time doing what you do best and delegate everything else
When an entrepreneurial firm grows beyond two people, a new consideration arises: organizational structure. Generally speaking, there are two key areas to consider when evaluating the definition of your organizational structure. The first is what you will focus on and the second is the definition of...
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Veröffentlicht in: | Financial planning (Atlanta, Ga.) Ga.), 2011-02, Vol.41 (2), p.72 |
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Format: | Magazinearticle |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | When an entrepreneurial firm grows beyond two people, a new consideration arises: organizational structure. Generally speaking, there are two key areas to consider when evaluating the definition of your organizational structure. The first is what you will focus on and the second is the definition of duties and responsibilities among your team. It can be difficult for a business owner to let go of tasks that he or she has done from the beginning of the business, but in a growing firm work can easily become overwhelming. In order to categorize the tasks that our clients (as an owner and/or producer) perform, we developed a simple sorting tool. As our model, we use the example of a coin sorter that sits on your desk: You drop your pocketful of change in the top, and the sorter divides up the quarters, dimes, nickels and pennies into different value categories. You need to sort your daily tasks in the same way, by their values. |
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ISSN: | 0746-7915 |