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Table of Contents
Table of Contents 3
Introduction 5
Skill 1: Communication 7
Skill 2: Adaptability 11
Skill 3: Team Building 15
Skill 4: Strategic Thinking 20
Skill 5: Delegation 23
Final Words 28
Resources 30
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The Role of Strategy in Success
Strategy is simply long-term planning with a fancy name. You have a goal in mind and then you map out a step-by-step plan to achieve it. If you want it to work, your strategy must be logical and practical. Each step you take should build to the next step.
Without strategy, it’s very difficult – maybe even impossible – to achieve your biggest goals. You might have the goal to be the CEO of a Fortune 500 company. Your strategy might include getting an MBA and a host of other steps that will put you in a position to achieve that goal.
The thing about strategy is that it’s not just for you. Having a strategy in place can help you get investors to fund your company, and it can also help you inspire your team.
Tips for Improving Your Strategic Thinking and Planning Ahead
Some people have a natural gift for strategic thinking. They’re the people who are great chess players and who naturally seem to see everything 10 steps ahead.
If you’re not one of them, don’t worry. Here are some tips to help you improve your strategic thinking.
Before you make any decision, think about some possible outcomes and brainstorm what you’ll do next with each one. This is the kind of practical thinking that can help you become a better strategist.
Think about your goals and work backwards to figure out what actions will help you achieve them. Think of this as reverse-engineering a strategy.
Ask team members and trusted friends for suggestions to help you plan strategically.
Try creating a timeline to plan each step on the way to your goal.
The more you practice strategic thinking, the easier it will be.
Coming up next, we’ll talk about the fifth and final must-have leadership skill in this book: delegation.
Skill 5: Delegation
In some ways, delegation is the most important skill of them all. I’ve already touched on some reasons why it’s important not to try to do everything yourself. The key to making that happen is to learn how to delegate effectively.
In this chapter, we’ll talk about why delegation is important and provide some tips to help you delegate the right tasks to the right people.
Why You Shouldn’t Try to Do Everything Yourself
If you want to be a great leader, you need to know how to delegate tasks and – just as importantly – who to delegate them to.
You might have a ton of energy and the will to do everything yourself, but as I said before, it’s not always an effective strategy. Not only will you be shouldering the responsibility for tasks that aren’t in your wheelhouse, but you also run the risk of burning out.
We all need down time – and we all do our best work when we’re focused on what we’re good at and love to do. Delegation allows you to focus your time and energy on the things you’re best it and the things that only you can do.
That means you’ll have more time to lead because you won’t be burned out from trying to do everything.
Tips to Help You Decide What to Delegate to Others
The trick to great delegation is knowing two things:
Which tasks and jobs can be delegated; and
Who should handle those tasks.
So, let’s take each of these things in turn, starting with knowing which tasks to delegate. You should delegate:
Things that your team members excel at
Things they can be taught to do
Things that don’t require your personal input
It might be useful to start by identifying the things that only you can do. These may include making strategic decisions about your team or meeting with investors.
Then, make a list of the things you can delegate. Once you’ve got the list, it’s time to think about who the best people are for those jobs. Here are some questions to ask:
Which team members already have skills that make them suitable for the task?
Which team members have shown aptitude for core skills, like communication, teamwork, or logic?
Which team members are eager to learn and willing to take on something new?
Any of these questions can help you identify people who are ready to handle the tasks and responsibilities you’ve identified.
Once you’ve identified the people you need, you should spend some time thinking about the training and support they’ll need to succeed with their delegated tasks. You may need to spend some one-on-one time with them or pay someone else to train them. They may need an outside class or seminar.
Delegate the tasks, and make sure that you communicate clearly and in detail about what you expect from each team member.
Make yourself available to answer questions, and most importantly, keep in mind that they may not get it right on the first try.
There’s a chance that you may need to adapt along the way. You might not pick the best team member for every task on your first try. The key is to keep an open mind, listen, and be patient.
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- Year Released/Circulated: 2019
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