CEOs who delegate create greater revenue.
A Gallup study from 2014 showed that 143 CEOs generated 33% greater revenue in 2013 than those with low or limited levels of the skill.
And why is that?
🕹️ Delegators give some of their tasks to others and with that they give up some of the control.
💪 When delegating, they can recognize strengths and weaknesses of their team, making them understand what their team members are best at.
🏁 They provide all the needed resources so the employees can finish their job.
🎯 They focus more on the outcome, that is the process which gives freedom to workers to decide how they want the job to be done.
📡 They communicate more, including feedback, because they pass on tasks.
Don’t worry, this is a skill you can learn easily.
Should you be delegating more?