Management
Delegation in Management
"I not only use all the brains I have, but all I can borrow." (Woodrow Wilson). He is stating that, borrowing the brains of other people is a form of delegation. The definition of delegation according to (Webster's Dictionary) is empowering a person to act for another. This is an acquired skill by management it promotes efficiency, increases productivity, increases motivation, develops skills for a team and allows for time-management for all employees. "Delegation underpins a style of management which allows your staff to use and develop their skills and knowledge to the full potential. Without delegation you lose their full value." (Blair 2003)
Within the organization I work for, managers delegate tasks everyday. I work in accounting and in my department we have many relationships with numerous Private Label Banks, example, Charles Schwab, Merrill Lynch, Bank of America and many more. Each one of these accounts needs to be delegated to team......
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