Lecture on Objective Delegation

Key Points

• Objective: To reach a point where the individual isn't involved in the direct implementation but focuses on producing bigger and better results.

What is Objective Delegation?

• The process where an entrepreneur transitions from doing tasks themselves to delegating these tasks to skilled individuals.
• Moves an individual from having a job (where they are the primary worker) to having a company (surrounded by skilled individuals).

The How and Who Concept

• 'How': Refers to the tasks and implementations that need to be done.
• 'Who': Refers to the skilled individuals (inside or outside the company) who will perform these tasks.
• The entrepreneur's role transitions to visualizing the results, defining what the results are, and understanding why they are important.

Continuous Delegation

• Delegation is an ongoing process.
• As the business grows, the scale and nature of delegations change (e.g., bigger delegations now than 40 years ago).

Practical Application

• Identify tasks (How) and find suitable individuals (Who) to delegate these tasks to.
• Visualize the desired outcomes and communicate these clearly to the team.

Audience Engagement

• Encouragement to ask questions and engage further through comments.