Leaders, by their very nature, like to be in control. That’s much of the reason why they became creators, founders, and managers in the first place. But as businesses grow, leaders inevitably need to let go of a growing list of responsibilities and let their teams keep the company machine well-oiled. For many, however, that’s much easier said than done.
Managers who struggle with delegation often end up assigning simple, one-off tasks to employees, rather than handing over bigger responsibilities, which they need off their plate. In doing so, leaders not only struggle to stay on top of their own workload, they also hold back the growth of team members. Effective delegation means trusting your team to handle important projects, delegating ownership, and mentoring them when necessary. Not to mention, CEOs with high delegation skills can generate 33% greater revenue.
