Powerful Leadership Starts With Delegation

Accepting you have to delegate is often the difference between being a bossy boss and being a team leader. In fact it is shown that businesses with leaders who delegate regularly generate 33% more revenue than businesses whose leaders have poor delegation practices. Though it’s easy to feel stretched thin as a CEO, especially in the start-up stages, honing positive delegation skills early on will give any business the upper hand as it grows.

Smart managers know the importance of getting to know their team members on a personal level. Delegation begins on an interpersonal level. A healthy rapport among colleagues does more than just promote communication, its synergies can be seen in almost every aspect of business especially in delegation. Understanding which employees work well under pressure and which ones do not, knowing which departments can handle a certain task, and trusting employees to manage their own long term responsibilities keeps any business a well oiled machine. Even simply knowing when each employee is available on what day can make a huge difference in the quality of delegation.

Where does your business stand on the delegation spectrum? Take a look at this infographic for more on the art and science of delegation, the importance of trust, and the downfalls of chronic micromanaging.