The success of a business relies not on the work of an individual, but the efforts of an entire team. A key component for any successful team leader is the ability to delegate. By dividing up work-related tasks between team members, goals are achieved more efficiently.
“Only 28% of companies offered training on delegation.”
Yet according to a 2007 study by the Institute for Corporate Productivity, only 28 percent of companies offered training on proper delegation. That proves more organizations need to take the time to reevaluate delegation techniques to better serve their overall goals.
If delegation is so important why do many leaders fail to delegate in the first place:
Delegation is also important for students involved in business simulations. Not only will they work more efficiently, but swapping things like departmental decision-making gives each student exposure to various parts of the business.
Knowing when to delegate
Delegation can be successful at almost any level of any company. However, famed business consultant Peter F. Drucker noted that there were a few instances when delegation should not occur, according to TribeHR. These areas primarily involve any executive actions, or those tasks that should be the sole responsibility of the manager or team leader. They include:
Another way to look at delegation is through the 70 percent rule, Inc. magazine reported. That is, if an employee can perform a task at least 70 percent as well as his or her manager, then that job should be delegated.
How to correctly delegate
As effective of a tool as it is, delegation is also something of an art. Proper implementation means making a few important considerations:
At Capsim, we can’t ignore the importance of delegation when students are working as a team through one of our simulations. Many instructors stress the importance of assigning tasks and departments to specific team members just like the modern workplace.