Being a Chief Financial Officer (CFO) of a company can take a lot out of you. Studies show that stress keeps one in three Americans up at night. As a CFO, taking on stress is a part of the job, but how do you know when you should delegate?
Knowing When to Delegate
Making it to the top isn’t any fun if you can’t share the work. Knowing when to delegate tasks is key in being in a managerial position. If you find that you are overwhelmed with work, leave certain tasks to the accountants, financiers, or other specialists on your team. Of course, you can always double check their work, but the bulk of remedial tasks will be lifted off your shoulders.
When delegating, always ensure that proper protocols are met and the lower level financiers have the right clearance before giving them any secure tasks.
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