Master effective delegation: Tips for business success

For a finance professional who is an expert in their field, it might feel counterintuitive to pass off work to others in their team.

However, delegation is a key capability in the workplace, especially for newly promoted managers who are mastering a new management skill set.

“We only have so many hours in a day,” says leadership expert Scott Stein, author of Leadership Hacks. “A manager is responsible for more tasks than they can accomplish on their own, so if they don’t delegate, they have to work more and more hours and risk burning out.”

Staff suffer in this situation, too. A manager who fails to delegate gives their team fewer opportunities to stretch and grow.

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