Thought of the Day: June 19, 2018 – Business Owner Takes Ownership
How important is it, when the business owner takes ownership for the results of the business and its employees?
It is the most important factor to the success of the business in my opinion.
When owner take pride in what their business stands for they allow themselves to accomplish more of the goals they have set out to do.
At smaller companies, business owner are usually the first at work and the last one to leave. As the business grows they give responsibility to members of the team. This is one way a business owner takes ownership. Delegating tasks and focusing on more important day-to-day production.
The business owner should learn the names of each employee, no matter the size of the company. When you know your people, your people respect you and want to work for you.
When owners know the goals of employees, they can help in the achievement them. The more your employees grow, the more your company will grow. This allows you to find employees who are motivated. Then you can promote them and allow them to take ownership in key positions.
Take ownership of the results of your company by standing behind the brand. Make sure all the employees are also behind the brand, mission and vision statement. Owners should share their vision of the company and help employees understand how they fit into that vision.
Another way the business owner takes ownership is by not blaming employees when goals are not met. Leadership is knowing that the blame lies on the owner and the management team.
This is why it is important to have great relationships with your employees. Taking ownership means you let employees go who are not holding up there end of the employment deal.
As the manager you need to hire the right people to do the job.
Although employee should take pride in what they do, it is not always the case. Even though they receive a paycheque, sometimes they feel they are owed this cheque just for showing up to work.
If you are an employee, never forget that there are students in who are willing to take your job for less pay and get experience in the job market. If you work for someone, have the attitude that this job will help you gain the skills which can move you towards the goals you have set.
Taking ownership as an employee begins with getting to work on time, taking pride in your work, and work space.
What do you do when you first get to work?
Is your desk a mess or do you have a clean desk policy?
I believe the habits you develop now carry forward throughout the day and even after work.
I make a list of what needs to be complete that day. Then priorities what needs to be completed.
Your boss hired you because you are the best candidate for the job. Prove your worth to them and yourself. For all the work you do give 100% of your ability, understanding and skill level.
If you are not working to your full capability, it will show. As soon as your boss takes ownership of your work, you might find that you don’t have job to go to.
When the business owner takes ownership, it means they are willing to help others, complete the task and succeed.
When you take ownership you become a leader. If and when you decided to move positions in the future, your new employer will recognize the skill you have. It is possible they will pay you more because your net worth to the company is greater.
Founder and CEO, Discover Your Life Today
Maveen has built his career in Banking, Insurance, Home and Automobile Sales. Providing exceptional customer service is his passion. Writing is a way to share his knowledge and help change the lives of million of people. Like the Facebook Page to support him.