Importance of delegation are as follows: 

1. Effective Management: Delegation enables superiors to assign the routine activities to the subordinates and he can be relived and can concentrate on other important functions. Thus a manager can increase his efficiency.

2. Employee development: The manager delegates the work to subordinates according to the skill, ability & knowledge of the subordinates. This makes the employees to get an opportunity to use their skill and talent to perform the assigned work effectively. 

3. Facilitates growth & Expansion: Delegation of authority is done on the basis of the ability of the employees which provides opportunity for them to perform better. This leads to specialization and increase in the productivity of employees which ultimately results in growth & expansion of the organization. 

4. Better coordination: The systematic assignment of work gives clarity of work to everyone and avoids duplication of work. Delegation of work brings better coordination and help to reach the organization goal effectively.

5. Quick decision making: Delegation saves time by enabling the subordinates to deal with the problems promptly. They can take quick decisions with in their authority. They need not go to their superiors for the day to day routine matters. 

6. Basis for management Hierarchy: Delegation of authority defines who has to report to whom. It creates a chain of superior and subordinate relationship which is the basis for hierarchy of management.