A CEO may not task a London concierge with running the company, but he can entrust some of the more universal tasks to him, like booking a business trip. That’s delegation in a nutshell.
Delegation allows people to focus on the tasks that matter to them more by allowing some help to handle tasks that can be done by anyone. It’s a skill most people are afraid to do, according to PA Life, because of the risk of failure. Many believe others simply won’t cut it as far as quality of work is concerned.
In any challenging environment, one can choose to be a pessimist or an optimist. When the market fluctuates, for instance, a businessperson can respond in one of two ways: “I failed” or “Try again.” Whilst a pessimist may play it safe until things normalise, an optimist takes the initiative to find a way forward.
An optimistic frame of mind may seem like the obvious thing to adapt in any problem. Yet John Davis, senior lecturer at the Harvard Business School, urges executives and entrepreneurs to be pessimistic or optimistic depending on the situation. Pessimism, particularly when circumstances are against you, leads you to reinvent the wheel. Optimism, on the other hand, encourages you to keep reaching for your goal.
For an ever growing number of business travellers, especially those in the arts and entertainment industries, an optimal work-life balance is a must. While they are hard at work in another city or country, they find time to stop and smell the roses, so to speak, especially after a long day.
Not surprisingly, this year’s travel buzzword is “bleisure.” Over 60 percent of business travellers, it would seem, consider it a good idea to squeeze in leisurely activities during their official business trips. Such was the main finding of The Bleisure Report by BridgeStreet Global Hospitality, a prominent lodging services firm. Most of the survey participants were from the U.K. (180) and the U.S. (167).