delegation and its importance
TRANSCRIPT
PRESENTED BY -
RUPESH MANVE - 54
AMOL BANKAR - 09
MANOJ PALAKDHARI - 60
AVEE MAGARE - 50
RAHUL KASOTE - 46
INTRODUCTION :
Delegation is the process by which authority is granted to a sub-ordinate by his superior.
Delegation is the only solution to cope up with increasing workload of managers as the organizations grow.
IMPORTANCE OF DELEGATION
It Saves Superior’s Time It Enables The Superiors To Focus On
High Value It Enhances Sub-ordinates Abilities And
Skills It Creates A Second Line Of Leadership
Delegation Creates The Sense Of Belongingness & Togetherness
It Creates Sense Of Urgency
It Builds And Sustains Team Spirit
It Generates Collective Responsibility
FACTORS TO EFFECTIVE DELEGATION
Delegates Ability And Competency
Vesting Of Authority
Accountability
BARRIERS TO EFFECTIVE DELEGATION
Lack Of Confidence In Sub-ordinates
“I’ m The Best Does” Attitude
Lack Of Ability To Direct
Avoidance Of Risk
Lack Of Developing Controlling System
ON SUB-ORDINATES SIDE
Lack Of Self Confidence
Lack Of Incentives Or Benefits
Fear Of Criticism For Failure
Fear Of Overburden
Lack Of Adequate Information And Resources.
SUMMARY
“Delegation is a process of granting an authority to subordinates or employees to cope up with the increasing work load & make effective use of time and resources for the profit maximization of an organization.”