Delegation is the process of assigning tasks, responsibilities, and authority to another person or a group of people. It involves transferring some of one's own workload and decision-making power to others, while still retaining overall accountability for the outcome. Delegation is an essential skill for effective leadership and management, as it allows for the efficient distribution of work, development of team members' skills, and focus on higher-level tasks. It also promotes empowerment, collaboration, and shared responsibility within an organization.