The complexity of business today requires organizations to assemble a myriad of skills and experiences to assemble a high-performing team. With the diversity of functions to perform, getting the right people in the right places is key to success.
It may be tempting to suggest that you or someone else can perform a function adequately, but we should ask ourselves if all we seek is ‘adequate.’ The same applies to sole proprietors where the tendency is to wear many hats.
Often a reason will be to save cost or save time by doing it yourself, yet the time you expend and has a relative opportunity cost that may outweigh the expense to bring in talent.
Yet, when we bring individuals onto our team who can perform the role far better than we can, we improve the group’s overall performance. Taking the time to understand our strengths and the strengths of others and proceed to allow those with superior competencies to take the lead may be our best move yet.
Permit others to wear the hat that fits them best.
