Today, I was discussing delegating with one of my directors, who recently started managing a new team. During the conversation, I gained some interesting insights myself.
A lot has been written about delegating already. Everyone knows that delegating matters, that a leader must delegate. But why does it matter so much? What is the fundamental, the principle that dictates its importance?
I think I know the answer. Business is all about generating value – for clients, employees, and eventually, for owners. Delegating creates value for everybody:
- Clients receive an increased volume of supply.
- An employee to whom tasks are delegated gains new experience and possibilities to increase their impact within the organization, and consequently, their salary.
- An employee who delegates gains more time and possibilities to concentrate on advanced tasks, which also helps increase their impact.
- Owners get more work done without having to pay highly-qualified employees for lower-level tasks, and they develop their workforce along the way.
Everybody wins.