Micromanagers make people feel worthless and slow organizational growth. Entrepreneurs, who cling to micromanaging styles, sabotage success.
Entrepreneurs are micromanagers. They start out with small organizations and make all decisions. But, they fail when companies outgrow their capacity. They micromanage until a major “screw-up” or event occurs and they are forced to delegate.
5 dangers of micromanaging:
Reasons leaders micromanage:
Arrogance – No one is as smart as they are
Ownership – The business is their baby
What causes leaders to stop micromanaging?
Crisis or necessity causes leaders to stop micromanaging, but health problems can be a deciding factor. Organizations can lose important personnel. In extreme cases, leaders can be terminated.
How I learned to stop micromanaging:
When my company, American Sports, was founded, I made all decisions. But, the Dominican Republic was 1500 miles away. I could only make all decisions if I lived in the Dominican. It was a real dilemma.
The crisis event for me was my family’s unwillingness to move to the Dominican Republic. I had a wife and two young children. Our children needed to be educated in the United States.
I was a serial and parallel entrepreneur. My other businesses needed to be run from the USA. I was forced to find a manager.
Finding someone I could trust helped me overcome my tendency to micromanage. Read how I found that manager in my article: Vetoing a Team Decision Saved My Company
Keys to success:
Delegate as much as possible
Set decisions that can be made without consultation.
Expect mistakes to happen
What are the dangers of micromanaging?
How can leaders overcome the dangers of micromanaging?
P.S. – Do you need an Outside Director, Advisory Board Member, Trusted Advisor, or Interim CEO? Someone who can help you see your business and your goals through “Fresh Eyes.” Contact me and I will work with you to look at where you want to go and help you find the best way to get there. Sometimes all it takes is someone with a fresh viewpoint, unencumbered by company politics or culture to help find the right solution.