CEOs always complain about running out of time. It’s usually because small business CEOs want a stake in everything. They waste their time involved in the day-to-day activities, neglecting to filter out the tasks that limit their productivity.
As a CEO it’s your job is to make executive decisions that will drive the success of your business. Let your managers, be managers by allowing them to make the decisions that don’t require your input. The tree concept is an easy tool used to distinguish key from unimportant decisions. It directs your attention to the decisions that matter.
So, picture a tree:
Decisions at Leaf Level should not cross the CEO’s mind. Your employees are responsible for these decisions in their day-to-day tasks. Acquiring vacation time and setting personal targets are leaf level decisions.
Decisions at Branch Level do not require the CEO. Unless all the branches are being cut off, being involved doesn’t help the decision. Trust your senior management team to make these decisions.
Decisions at Trunk Level require the CEO’s input. Hiring is classified as a trunk decision. Following the senior executive team, it is not pivotal the CEO makes hiring decisions unless hiring for a leadership role.
Decisions at Root Level are made only by the CEO. They’re the decisions support the business’s infrastructure. They include decisions that have implications across multiple functional areas, resource allocation, key personnel as well as corporate policy decisions
My suggestion is for you to meet with your executive team and create a framework outlining decisions at each level. Doing so will clear confusion among staff and even more importantly - clear your schedule for the tasks that matter.