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Business Report: (Business Report: (To - John Ryan, MD, Ryan Ltd, By -…
Business Report:
Draft a report to the Managing Director (MD) of a limited company, outlining the benefits of delegation to an organisation (20 Marks)
Business Report:
To - John Ryan, MD, Ryan Ltd
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Executive Summary:
The benefits of delegation to an organisation include greater intrapreneurship, reduced stress, improved morale and a reduction in employee turnover.
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Intrapreneurship:
By giving power and responsibility to subordinates to perform tasks, it gives them the opportunity to be innovative.
Reduced Stress:
Managers can significantly reduce their workload and stress by delegating responsibility to subordinates.
Improved Morale:
By delegating tasks to subordinates, managers can show staff that they trust them and value them.
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