by: Sidney Liquigan
Wednesday, November 22, 2017 |
Startups and small businesses tend to want to take control over everything – for them, it is easier to monitor progress when you keep it in-house. However, delegation is a practice that is essential to achieve real business growth. When you have a small team, it is not ideal to juggle tasks. Handling many different responsibilities will distract you from your core business competencies.
When delegating work, know that this doesn't always mean that you have to hire more staff. Expanding your in-house staff can be costly. Allocate your resources instead to scaling up your business and delegate work by outsourcing them.
Outsourcing is a cost-effective solution that gives you access to a highly skilled workforce without having to worry about the additional costs and logistics concerns that come with it – you only have to pay for the service you require.
Additionally, outsourcing offers various flexible options to help you get started with delegation. You can start with outsourcing specific tasks first to test how it works for you. As you gain more confidence with outsourcing and with your outsourcing partner, you can gradually outsource larger projects and arrange for a long-term partnership.
The success and the continuous growth of the outsourcing industry can be partially attributed to the wide range of services different outsourcing companies offer. Nowadays, you can outsource almost anything; you can start with outsourcing administrative tasks to a virtual assistant or outsource different back-office departments such as finance and accounting, recruitment and human resources, and IT. There are also outsourcing services for marketing, creatives and production, as well as customer service.
Deciding when it's time to outsource varies from case to case. Essentially, you need to assess your team's current workload and identify the areas that need more focus. Based on your priorities, would you have enough time and manpower to handle all of them with equal dedication? If your answer is no, then the higher level priorities should be handled by your team and outsource the other tasks, with the volume of work to be outsourced depending on urgency and your budget.
You should also identify the areas that need special skills that your team lack. Obviously, you need to outsource these projects to gain access to professionals with the right skills and resources to get the job done.
Overcome stagnation and delegate parts of your business processes. Consider outsourcing work to third-company providers that offer outsourcing services with the managed operations approach. With managed operations, you will have full control over your outsourced operations, with your outsourcing partner serving as your representative in supervising your external team.