Wednesday, October 20, 2010

Use the Tools Against the Team

Looks like they are at it again.  Instead of spending time planning and developing the business, the boss is going through every single line of expense reports (and there are 30 of them), recalculating every penny spent on every item that was outlined as expense-able in the contract and company policy.  Being that the reports are done on an Excel program that the company mandates be used - developed by their own IT team - isn't this a waste of time?
Is this what a good leader should be doing?  Yes, I understand that expense control drives the bottom line up.  But does the six-figure help need to do this?  Or could they perhaps spend a few more minutes explaining expense management to the team?  Or could they have their assistant do it in a spot-check manner to ensure all expenses are valid?
This is a singular tool.  Look at the review time you spend and why are you spending that time?  What else could you be doing to work ON your business?  Who could you be spending time with to grow your business and review the tools with them so that they better understand and utilize the tools the company has in place?

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