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Delegation of Task

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					HOW TO DELEGATE TASK
Type Public     (BSE , NSE)
Industry        Banking,Capital Market
Founded         Madras,Feb 10,1937
Headquarters    Chennai, India
 Key people     Chairman & MD S A Bhat
Products        Loans,Credit Cards,Savings etc.
Bank Deposits   110,000 crores (March, 2010)
Advances         80,000 crores (March, 2010)
Website          www.iob.in
    DELEGATION MEANING
   Literally meaning – Assignment of authority
    and responsibility to other person.

   Also called deputation.

   The person who delegated the work remain
    accountable for the delegated work.
             DELEGATION
   Important management skill.
•   Saves time, develops workforce, and
    motivates.
•   A two way process.
•   Focus on your strengths and delegate
    weaknesses
            Poor Delegation
will cause you
• Frustration

• demotivates

• confuses the other person,

• and fails to achieve the task or purpose itself.
           WHY SHOULD YOU
             DELEGATE?
   To ease the burden

   To develop the skills of employees.

   To spread accountability and trustworthy team.

   To respond faster to changes in business
WHY DUTIES ARE FREQUENTLY
CHANGED IN BANKING SECTOR?
   To gain experience

   To keep secrecy

   Customer relationship with employees
       FACTORS WHILE
      DELEGATING TASK?
 Ability / Skills
 Experience of person
 Willingness to do work
 Educational Qualification
 Current workload of employee
 Resources of organization
 The person who needs Minimum guidelines.
HIERARCHY OF EMPLOYEES
   IN BANKING SECTOR?
                 Head

              Senior
              Manager

            HOD Officers


       Special Cader Assistants
             (SCA)

           Clerical Staff
  HOW DELEGATION HELPS IN
DEVELOPING INDIVIDUAL SKILLS ?
   Helps in career prospects.

   level of knowledge/skills

   Experience.

   Confidence increases.

   Personality development.
    LEVEL OF DELEGATION IN
        ORGANIZATION?
   Firstly get the information about the present
    situation

   and then mutually analyses the situation

   They then direct the employees
    WHY TO DELEGATE THE TASK IN A
              GROUP?
 If the volume of work is more.
 It depends upon the importance/nature of
  work.
 Timely work.
 Effective work.
 Finding different alternatives to a given
  problem/job.
 To create a feeling of well being/ oneness in
  organization.
    WHY MANAGERS AVOID
       DELEGATION ?
 long time to explain to undertrained.
 Not capable of doing task.
 If I want it done right, i have to do it
  myself.“
 Workers already overloaded with work.
 Responsibility rests on manager (Head)
 Don’t trust on the capability of employees.
BENEFITS OF DELEGATION ?
 Increases productivity.
 Perform a task faster.
 Learn new and valuable skills.
 Manage time effectively.
 Provide assistance to the employees to
  work on new assignments and challenges.
 Provides the role/ position he holds in
  organization.
BARRIERS OF DELEGATION ?
 Unions
 Associations

 Job Knowledge

 Educational Qualification

 Ability of employee

 Lack of trust in subordinates
             LEARNING
 Clear Objectives
 Realistic Deadline

 Use a reminder system to ensure proper
  follow-up
 Provide Adequate Resources

 Appreciation
THANK YOU
HOUSE IS OPEN FOR QUERIES
 ????

				
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posted:12/29/2010
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