Our Half-Retirement© program consists of 6 results-oriented steps. The third step in our program is Untangling the Owner from the Business. Phase 1 of this step is Finding Your Picasso Work™.
What are the qualities of Picasso? Only Picasso can touch the brush to the canvas. Like Picasso, your goal is to only perform the tasks only you can do best. Virtually everything else is delegated. A great example of this is the medical field, specifically surgeons. In a typical surgery, the surgeon only participates in the actual procedure, while all other surgery related tasks are delegated.
To accomplish this you begin by plotting your tasks on a delegation grid. The grid consists of quadrants. The bottom left quadrant is “Low Value, Low Frequency ” tasks, the bottom right is “Low Value, High Frequency ” tasks, the top left quadrant is “High Value, Low Frequency ” tasks, and the top right quadrant is “High Value, High Frequency ” tasks. Next you draw a line from the bottom left corner of the grid to the top right corner – your line will be at a 45-degree angle. Then you begin to delegate the tasks below this line, and once these tasks are delegated, you start delegating the more complex task above the line. Eventually you will be left with a handful of complex tasks that only you can do best – your Picasso Work™. These are the tasks that you keep and perform regularly.
Please keep in mind that when delegating, only work that can be done correctly without supervision should be delegated. When your employee first takes on a new task, assignment, or responsibility, they will need support, so please provide training, tools, auditing, feedback etc. as needed to assure success. And lastly, always be clear, patient, and supportive with your new delegee.
Our next blog will cover Step 3, Phase 2 – Tier Delegation, for creating your Half-Retirement© blueprint. If you would like to speak with us about our Half-Retirement© program or have a business question or issues you would like to discuss, please feel free to reach out to us via our website Contact page: www.ParadigmStrategies.com.