What does delegation involve in a business context?

In a business context, delegation involves the transfer of authority and responsibility from a manager or leader to subordinates or team members. This process empowers employees by giving them the opportunity to take on tasks and make decisions, which can contribute significantly to both individual and organizational growth.

When delegation occurs, it allows managers to focus on higher-level responsibilities while also fostering skills development in their team members. By granting authority and responsibility, delegation not only helps in improving efficiency but also builds trust and accountability within the team. As employees take ownership of their tasks, they often feel more invested in their work, which can lead to increased motivation and job satisfaction.

Other choices revolve around different aspects of human resource management but do not capture the essence of delegation as it specifically pertains to granting authority and responsibility. Hiring new employees is focused on recruitment, monitoring performance relates to oversight and management, and evaluating staff for promotions is part of performance management rather than the act of delegating tasks or authority.