Area of focus or a project?

[Mishina]

I co-own a business and while my area of focus is sales and another owner is looking after finance I would like to help him for example with credit lines. I have a few friends who can help us with that. I need recommendation if I should make my help an area of focus or just one time project?

 

[Roger]

The rule of thumb that I use is: projects end. Someday you'll be able to say, "Yep, done with that." Generally (but not always) Areas of Focus are not like that. You're not going to say "Yep, done with being healthy now."

Cheers,
Roger

 

[nick_ross]

The rule of thumb that I use is: projects end. Someday you'll be able to say, "Yep, done with that." Generally (but not always) Areas of Focus are not like that. You're not going to say "Yep, done with being healthy now."

Cheers,
Roger

Agreed - 'Set up credit line for XXX' definitely sounds like a project, whilst 'Sales' is a more amophous area that could contain multiple projects (ie Attend conference, Launch Product, Deliver Email Campaign) - so that would be an area of focus. Well, that's how I do it anyway!!!

HTH

Nick

 

[mattsykes]

Agree - you might have Finance as a separate AOF, or you might have something more general like "Other business functions" for anything in the business that you don't have primary responsibility for, but want to make sure you regularly touch-in on as you do weekly reviews etc.