Table of Contents
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What Are Effective Delegation Skills in Business?
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Why Learning How to Improve Delegation Skills Is So Important
Benefit 1: Gain a Competitive Edge
Benefit 2: Empower Your Employees
- Companies that have higher levels of employee engagement are 21% more profitable.
- These same companies generate higher levels of employee engagement than other companies.
- Two-thirds of American workers don't feel engaged in their job. That results in companies collectively experiencing $450-$550 billion in lost productivity every year.
- Empowerment leads to higher rates of employee retention , which improves revenue and reduces cost. It costs, on average, 33% of an employee's annual salary to replace them if they leave their job.
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Benefit 3: Increase Business Value
Benefit 4: Enjoy Life More
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What You Need to Do to Improve Delegation Skills
- Do you not have people you can trust who can handle that individual task?
- Or, is it more an internal lack of trust in other people to do the job?
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How a Business Coach Can Help You Build Your Delegation Skills
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