Question

Why is delegation an important management tool?

Answer 1

Importance of delegation-

1. Effective management: By empowering the employees, the managers are able to function more efficiently as they get more time to concentrate on important matters.
2. Employee development: As a result of delegation of authority, employees get more opportunities to utilised their talent and this may give rise to latent abilities in them.
3. Motivation of employees: Delegation of authority helps in developing the talents of the employees. It also has psychological benefits.
4. Facilitation of growth: Delegation of authority helps in the expansion of an organisation by providing a ready workforce to take up leading positions is new ventures.