So the dialogue with Shradha continues....with a tone of irritation, I rebutted saying "look, I can't have these things fall apart just because you are not attending to them". At best in 6 months to 1 year, you may walk out of the door flashing your resignation with a one month notice(That too is hardly given nowadays)...So what do I do.. the monkey will be on my back and I will have to manage the mess"
Shradha seemed indifferent and probably didn't seem to understand why I was making a big deal.
However every entrepreneur must have encountered this situation sometime during the life cycle of their enterprise. We often put our faith in the employees and often invest both financially as well as in resources; we think employees will manage everything with full ownership, with all the passion, zeal and commitment but unfortunately this rarely happens to our expectations and invariably the ball is chucked back to us...So with the existing balls already in our hand, we also add this one. Does this situation ring a bell. May be, may not for some fortunate entrepreneurs.
Another most common observation is similar to the game of volley ball... CEO's often handle multiple roles, One of the entrepreneurs I work with calls it P2P(Peon to President). As long as the owner handles it normally nothing goes wrong after all most entrepreneurs rarely sleep..but as the enterprise grows there are specialists and employees entrusted with these roles. So like in Volleyball where the owner was manning more than 2-3 positions; Now, since he has hired a "Manager-Accounts" he leaves it to him thinking he will clear the ball.... he will pay the taxes on time, he will follow up for outstanding, he will bill accurately.... But since we are not in a perfect world invariably such seamless working does not happen and mistakes, slip ups will happen drawing the entrepreneur/owner back into these activities. Sometimes the entrepreneur also expects too much from the employee-perfection, commitment, flexibility. In fact I wonder why employees fall sick and why entrepreneurs rarely miss a day of work!!
At Bluesky we have studied that there are many reasons to why this happens, it could be competence, training, delegation of authorities and most important accountability and ownership. Ownership is one of the most misunderstood words in employees dictionary. For an employee ownership means he/she can only earn incentives but never gets penalized for the slip ups. In fact in many cases it's earning incentive to do their basic jobs?? Is that fair, if not, are we fooling ourselves to think they are truly owners.....
Stay tuned in and do share your experiences
Shradha seemed indifferent and probably didn't seem to understand why I was making a big deal.
However every entrepreneur must have encountered this situation sometime during the life cycle of their enterprise. We often put our faith in the employees and often invest both financially as well as in resources; we think employees will manage everything with full ownership, with all the passion, zeal and commitment but unfortunately this rarely happens to our expectations and invariably the ball is chucked back to us...So with the existing balls already in our hand, we also add this one. Does this situation ring a bell. May be, may not for some fortunate entrepreneurs.
Another most common observation is similar to the game of volley ball... CEO's often handle multiple roles, One of the entrepreneurs I work with calls it P2P(Peon to President). As long as the owner handles it normally nothing goes wrong after all most entrepreneurs rarely sleep..but as the enterprise grows there are specialists and employees entrusted with these roles. So like in Volleyball where the owner was manning more than 2-3 positions; Now, since he has hired a "Manager-Accounts" he leaves it to him thinking he will clear the ball.... he will pay the taxes on time, he will follow up for outstanding, he will bill accurately.... But since we are not in a perfect world invariably such seamless working does not happen and mistakes, slip ups will happen drawing the entrepreneur/owner back into these activities. Sometimes the entrepreneur also expects too much from the employee-perfection, commitment, flexibility. In fact I wonder why employees fall sick and why entrepreneurs rarely miss a day of work!!
At Bluesky we have studied that there are many reasons to why this happens, it could be competence, training, delegation of authorities and most important accountability and ownership. Ownership is one of the most misunderstood words in employees dictionary. For an employee ownership means he/she can only earn incentives but never gets penalized for the slip ups. In fact in many cases it's earning incentive to do their basic jobs?? Is that fair, if not, are we fooling ourselves to think they are truly owners.....
Stay tuned in and do share your experiences
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