business management

2. 

3. 

4. 
Characteristics of
Decision Making

5. 
Characteristics of
Decision Making

6. 
Characteristics of
Decision Making

7. 
Importance of decision Making

8. 
Decision Making Process

9. 
Advantages of decision
Making

10. 
Advantages of decision
Making

11. 
Advantages of decision
Making

12. 
Delegation Of
Authority

13. 
Meaning of Delegation Of
Authority
“ Delegation means assigning of
certain responsibilities along
with the necessary authority by a
superior to his subordinate
managers. “
“ Delegation means assigning of
certain responsibilities along
with the necessary authority by a
superior to his subordinate
managers. “

14. 
 To reduce the excessive burden on the superiors i.e., executives
and managers functioning at different levels.
 To provide opportunities of growth and self development to junior
executives.
 To create a team of experienced and matured managers for the
Organisation. It acts as a technique of management and human
resource development.
 To improve individual as well as overall efficiency of
the Organisation
 To reduce the excessive burden on the superiors i.e., executives
and managers functioning at different levels.
 To provide opportunities of growth and self development to junior
executives.
 To create a team of experienced and matured managers for the
Organisation. It acts as a technique of management and human
resource development.
 To improve individual as well as overall efficiency of
the Organisation
Objectives of
Delegation of
Authority

15. 
 Relieves manager for more challenging jobs :
Delegation makes it possible for the managers to distribute their
workload to others. Thus, managers are relieved of routine work and
they can concentrate on higher functions of management like
planning, organising, controlling, etc.
 Leads to motivation of subordinates :
Subordinates are encouraged to give their best at work when they
have authority with responsibility. They take more initiative and interest
in the work and are also careful and cautious in their work. Delegation
leads to motivation of employees and manpower development.
Importance of
Delegation of
Authority

16. 
 Facilitates management development :
Delegation acts as a training ground for management development. It
gives opportunity to subordinates to learn, to grow and to develop new
qualities and skills. It builds up a reservoir of executives, which can be
used as and when required.
 Better Coordination :
Due to delegation, effective communication develops between the
superiors and subordinates. The subordinates are answerable to
superiors and the superiors are responsible for the performance of
subordinates. This brings better relations and team spirit among the
superiors and subordinates
Importance of
Delegation of
Authority

17. 
 Basis for superior – subordinate relationship :
The superiors trust subordinates and give them
necessary authority. The subordinates accept their
accountability and this develops cordial superior-
subordinate relationships.
Importance of
Delegation of
Authority

18. 
Four Stages In Process of
Delegation of Authority

19. 
 Unity of Command :
This principle of delegation suggests that everyone should have only one boss. A subordinate
should get orders and instructions from one superior and should be made accountable to
one superior only. This means 'no subordinate should be held accountable to more than
one superior'.
 The Scalar Principle :
The scalar principle of delegation maintains that there should be clear and direct lines of
authority in the Organisation, running from the top to the bottom. The subordinate should
know who delegates authority to him and to whom he should contact for matters beyond
his authority.
Effective
Delegation of
Authority

20. 
 Effective Communication Support System :
This principle suggests that there should be continuous flow of information
between the superior and the subordinates with a view to furnishing relevant
information to subordinate for decision making This helps him to take proper
decisions and also to interpret properly the authority delegated to him.
 Reward for Effective Delegation :
This principle suggests that effective delegation and successful
assumption of authority should be rewarded. This will facilitate fuller
delegation and effective assumption of authority within the Organisation.
Effective
Delegation of
Authority

21. 