Attempting to accomplish too many things at once is not the most effective way to run a business. Doing several tasks at the same time does not increase efficiency, but actually causes a drop in creativity as well as quality of work, or productivity. As a result, the business is sure to suffer.
One possible solution to this issue is to hire competent personell who are capable of taking control of their individual departments with competency and excellence. A CEO should not hesitate to hire employees who are experts in thier particular area and experience, possibly possessing more knowledge than him or herself, such as Manager of Sales. Delegating responsibility in this way,by hiring highly competent employees would certainly take some of the burden off of the CEO, leaving him/her free to do thier own jobs more efficiently.
Read more: Stop Wearing So Many Hats and Watch Your Productivity Soar