One of the biggest traps that effectives fall in is to become too busy in transactional stuff and lose sight of their role. This happened to me in my first stint as a founder/CEO and it almost cost me the business, which I eventually got out of.
I have since learnt that it is a good idea if you could step back a minute before doing anything and ask your self the following questions:
– Is this the best thing to do, given the current circumstances?
– Is this the right time to do this?
– Is this the best way to do this?
– Am i the best person to do this?
Answers to these 4 questions usually help you remain focused on remaining effective and at the same time helps you avoid the trap of getting stuck in transactional stuff when you are better off doing strategic activities.