To say no sometimes is a powerful tool that it can add to your arsenal. Although it may seem sensible to answer “yes” to as many requests and tasks as possible in business. event.ft It is a way to make yourself look like a strong team player who can tackle any job. Sometimes declining to accept a request or saying “no,” can be the best thing for your company. The following signs can help you feel more confident about your ability to accept a pass and not feel bad.
1. It’s not enough time
You can feel confident and competent by taking care of everything on your desk. thetechbizz However, there will come a time when you just can’t fit more tasks into your busy schedule. If you get so caught up in emails, meetings, phone calls, and endless to-do list lists that you can’t give 110 percent to a new request, it’s okay to say no.
2. Too little money
If these past few months have taught us anything, intelligent business leaders need enough capital to cover for themselves in emergencies. However, they should allocate this capital strategically based upon clearly defined priorities. Adam Neumann & Kevin Plank. You should carefully consider your objectives and, if you feel that a request is threatening your budget, don’t pretend that money will suddenly appear.
3. Other options
It doesn’t mean you won’t get an offer that best suits your vision. A venture you consider selling is not worth $5 million if a buyer offers $10 million. It is worth looking at whether any proposals could save time, money, or both. You also need to meet specific requirements before you consider a request.
It all boils down to ROI.
Saying no is a sign of regret. You can use the three points above as a checklist for determining your return on investments. Since your main job is helping your company succeed, ask the requester to provide a professional business case that illustrates what you can expect from accepting their proposal. To put it another way, how much will you get back from them if they complete the task? How will it benefit the company’s shareholders, customers, and employees?
Let’s say that a member on your team requests you to have food catered to every week for $2,000 per person. It might seem like a high price until a team member informs you that this cost is quite reasonable.
60% of employees claim that free food at work is one of the most valued perks.
Ninety percent of employers think that providing food and snacks builds team bonds.
You will experience improved mood, memory, and overall health.
It could decrease the amount of time spent “going out for lunch.”
Surveying employees can quickly reduce waste.
You might find that the $2,000 you spend per month on catering is worth the productivity boost and happier team members. You can track specific KPIs that show whether your team is working harder and how the catering has benefited your bottom line.
The bottom line
Every request is subject to potential costs and returns. Good leadership and happiness achieve when you look at the potential returns and expenses of your requests. twitter If you can say no when asked, even if they don’t justify the price, you will automatically be able to say yes when asked for things that can help you flourish. It’s essential to weigh anyone approaching you with an inquiry’s time, money, and options. It will help you to decide which answer you should give.