Delegation in Business (4 of 4)

Leverage in management refers to using your existing resources more efficiently, to get a relatively greater return. Learn how to leverage people through delegation, and you can not only increase your outputs but the productivity of the individual as well.

Managerial leverage is when you increase your overall outputs by utilising assets and people more effectively. In this video, Brian explains how an effective delegation is a form of managerial leverage.

Delegation allows you to multiply your outputs. If you teach or instruct someone to do something for you, then you have just increased your total outputs. Given that people generally only work at 50% capacity, effective delegation can allow them to do tasks for you in addition to tasks they were already doing. However, the reverse is also true. If you are vague or hazy when describing a task then you will confuse the individual and not only will it take longer for them to complete your task, they will also not complete as much of their own work. This means you have divided their outputs, as opposed to multiplying them.

Have a pen and some paper with you, and take some notes as you watch the video. Are you a multiplier or a divider? Do people produce more or less when working with or around you?