Strategy over numbers : what executives should really focus on
Spend your time on strategy, leadership, and innovation rather than on accounting routines.
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Why time is the most valuable asset
Executives are responsible for their company’s direction, but too much time is lost to operational tasks such as accounting or payroll – necessary but not growth-driving.
What truly belongs to leadership
1. Strategic direction
- Define vision, mission, and long-term goals.
- Identify new markets and opportunities.
- Develop sustainable business models.
2. Leadership and culture
- Build and motivate the team.
- Encourage accountability and innovation.
- Shape a positive company culture.
3. Customer and market relations
- Maintain key partnerships.
- Build professional networks.
- Stay in touch with key clients.
4. Innovation and growth
- Develop new products or services.
- Drive digitalisation and process efficiency.
- Prepare for market change.
Why number-crunching isn’t leadership work
Numbers matter – but leaders need not process them. Accounting, payroll, and tax tasks can be outsourced to specialists who prepare data for strategic decisions.
Example : from accountant to strategist
A Zurich SME director once managed bookkeeping personally. After outsourcing, he gained 20 hours monthly, investing them in a product now generating 30 % of revenue.
The key : delegate and outsource
- Delegate internally : assign tasks to capable staff.
- Outsource externally : let specialists handle accounting, payroll, or IT.
- Retain control : focus on reports and KPIs.
Conclusion : numbers provide the base – strategy creates value
Successful leaders spend their time on vision and growth, not spreadsheets.
Recommendation :
Review your task list : anything not tied to growth, leadership, or innovation should be delegated or outsourced. Your time is your greatest asset – use it strategically.
Would you like to outsource your accounting? Contact us!
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