Business goverance Essay Example | Topics and Well Written Essays - 1250 words

Business goverance - Essay Example 491). There are several principles applied in leadership of organization and others that act as supporting platforms for delegation. These include aspects of game theory, agency theory and leadership techniques (Bendor, Glazer & Hammond, 2001 p. 241). The ally principle is among the widely used delegation strategy. There are various delegation principles and processes applicable to delegation in either teams or individual play. The ally principle of delegation is the widely applied practice in the process of delegating in many organizations. The ally principle in delegation entails that the person in authority, when there is an opportunity for delegation, he picks the agent closest to them for the job. This definition to this principle underlies in the belief that, those entities closest to the authority and who hold a similar line of thought, as well as, foster the ideologies of the authority are at the best position to foster the organizational goals. The practice of delegation to a close entity gives the authority space to allow the person or group they give authority to work in freedom. There are several levels of delegation using the ally principle. In delegating via either principle, whether ally or any other, the levels of delegation include the following. There is the delegation in which the authority gives the directions precisely for the person delegated work (Gersen, 2012 p. 2193). Secondly, the authority can tell the junior to look at the situation and report, then the authority decides, or they decide together. Additionally, the delegation can be allowing the junior to look at the situation, make the decision and wait for approval from the authority before proceeding. Moreover, the delegation can allow the agent to make decisions and implement them then report the outcome later. Lastly, the delegation may