Explain by giving any three reasons why delegation is important in an organisation.

Delegation of authority refers to the downward transfer of authority from a superior to a subordinate. Its main elements are authority, responsibility and accountability.

Importance of delegation-

(i) Effective Management: By delegating routine work to the subordinates the managers get more time to concentrate on important matters and excel in new areas efficiently.

(ii) Employee Development: Delegation empowers the employees by providing them the chance to use their skills, gain experience and develop themselves for higher position.

(iii) Motivation of employees: Responsibility for work builds the self-esteem of an employee and improves confidence. He/She feels encouraged and tries to improve his/her further performances.