Tips to delegate successfully, Brexit to affect the prices of precious metals, and Port Moresby’s rating in the Global Liveability Index for 2019. Readings from around the world on business, leadership and management.

Delegate like a leader

Delegating successfully is one of the secrets of successful leaders but how to do it properly?

1. Choose the right person to delegate to
2. Be clear about how much autonomy they have
3. Be clear about the desired results
4. Make sure they have the resources to do the job
5. Make sure there are milestones in place so you can provide feedback
6. Encourage innovative ways of completing the tasks
7. Create a motivating environment
8. Use mistakes as learning opportunities, not excuses for not delegating

Brexit influence on metal prices

Gold bullion. Credit: Pixabay

The gold price could be set to spike because of Britain’s imminent exit from the European Union, according to a report from the Birch Gold Group.

‘The next most obvious catalyst event would be Brexit. If the Brexit decision culminates in a No Deal exit from the EU then expect metal prices to skyrocket from that point on.  I do not believe the recent Tory “rebellion” has changed the dynamic enough to stop Brexit from happening. When a crisis is near, precious metals are heavily bought.’

In 2018, gold accounted 24 per cent of Papua New Guinea’s export value and the average export price rose by 7.7 per cent on the previous year, according to the Bank of Papua New Guinea.

Time to grow

Welcome sign at Port Moresby (POM) Airport. Credit: BAI