Question

Why might a firm delegate decision making?

Answer 1

Delegate decision making by firms on their employees empower the employees to act independently and allow them to use their talents to accomplish tasks faster. As the higher level authoritites or managers in a firm have tight work schedules, delegating decision making on lower level employees based on their capacities release them from some tasks which allow them to engage the higher level employees to pay attention to high priority works and could concentrate more on planning for making more profit for the future. Not every employee is capable to handle a task independently. A manager should be carefull while delegating tasks on his employees based on their skills and appraoch to accomplish a task. Many inherent talents and skills of employees come out when they are entrusted with independent tasks. While delegating decision making, a manager should rely on his past experiences with his employees and evaluate his employees' working capability. Delegating decision making in a company or firm give more input to employees which make them more responsible and dedicated towards their organisation. Besides delegating tasks on indivitual basis raise the bar of competition among employees which also pressurise them to maintain higher qualities in their tasks. The result shown in delegating decion making are of higher qualities than the results in shared works as every indivitual gives his maximum effort to accomplish the tasks here. So Firms should delegate decision making in order to bring out higher quality of works and achieving mqaximum profit in their field.