Delegating responsibilities has long been shown to benefit busy leaders. In fact, studies have shown that the majority of leaders feel that they can grow their business by more than 20 percent if they just delegate 10 percent of their workload to others.

Wondering what might be the best way to start becoming someone who delegates more effectively? It's easy. Read on now to find out how.

1. Prepare

The most crucial step in delegating is simply preparing. Leaders can sometimes see planning as a hindrance to actually doing work, but it's so necessary for figuring out an effective method.

2. Decide what to delegate

Figuring out which tasks are able to be passed on to others and which ones should absolutely be done by yourself is an essential habit. It requires time, research, and understanding by leaders who know the strengths and weaknesses of their teams.

3. Decide who you're delegating to

Be careful in your choices when distributing responsibility. Picking people who are well-suited for certain roles--and not others--requires a great deal of knowledge about your staff.

4. Make your instructions clear

One of the biggest mistakes people make in delegation is not being clear with their expectations. Ensure that your employees understand their responsibilities before they embark on their given tasks.

5. Give them authority

The only way people can actually get anything done is if they have enough leeway to complete the project themselves. Keep in mind that authority also comes in many forms: Financial support, aid from other departments, etc., and be ready to provide as necessary.

6. Describe your standards

If you give off the impression that you don't care about your employees' work, they'll feel similarly. Making your standards clear from the get-go, for instance, is one way to avoid this.

7. Pace the delegation

Doing routine check-ins, with frequency depending on capability of the staff, to gage how well your team is taking the delegation is a great way to manage without micromanaging.

8. Don't be afraid to correct

If the project isn't shaping up the way you envisioned, don't be afraid to speak up. It's better your employee hears now than at the end.

9. Give ample feedback

People love receiving quality feedback--it shows them that their work is being taken seriously. Reward exceptional behavior and good results--other employees will definitely notice and be prompted to work harder.

10. Create a competent team

By delegating, you're preparing a great deal of your team to take on more responsibility and solve better problems on the job--leaving long-lasting advantages to your company that will remain.