Delegation of authority is a fundamental management strategy that involves assigning specific tasks and decision-making powers to employees. This process is vital for efficient organizational operations, as it helps distribute workload effectively and empowers employees. Key elements of delegation include the delegation of authority, where tasks and corresponding powers are assigned; the grant of authority, providing necessary resources; and accountability, ensuring employees are answerable for outcomes.
Effective delegation enhances productivity, fosters employee development, and allows managers to focus on strategic objectives. By understanding and implementing these elements, organizations can improve efficiency, encourage innovation, and build a motivated workforce, ultimately contributing to overall success and growth.Also Read | |
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