Give Up Control to Gain Success

Posted by: Rod Kurtz on December 2, 2005

Small business owners, by nature, want to maintain tight control over their enterprises. To some extent that’s a good thing, but there is a downside to exerting too much control. From my vantage point, as a former small-business owner and current head of a technology company that works with small businesses, I have seen companies stagnate when their leader holds the reins too tight. I have been guilty of it myself.

Instead, trust yourself to assemble the right team and then delegate, mentor, and trust them to get the tactical projects done. Empowering employees to handle a wide range of issues gives you, as the CEO, time to work on strategic issues. Keep control over aspects of your business that are critical to your mission, such as partnerships, acquisitions, and global product strategy, but don’t get bogged down in things like product development and marketing. Hire experts to run those facets, so that you can keep your eyes focused on the larger strategy.

Jim Capps
CEO, SolidSpace LLC
Winston-Salem, N.C.

Reader Comments

daniel x

December 4, 2005 8:39 AM

sam walton spent his whole life on the "front line" (on product development). i guess Jim doesn't know anything about his products.

wuair

December 8, 2005 6:08 AM

I think it's up to the character of yours,in a way,u must play your role flexibily.made it suitable for ur company

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