Tips for More Effective Delegation

Know your direct reports and their capabilities. Be sure the people to whom you are delegating have the initiative, motivation, skills, abilities, and experience to handle the task.
Delegate to the lowest possible level, along with the authority to carry out decisions
Clarify expectations. Discuss how the objectives support the strategy, and outline the tactics for achieving the goals.
Delegate entire projects, not pieces of it. Allow the person to "own" the task.
Agree on priorities
Clarify areas of accountability, not just for tasks but for decisions too.
Discuss timelines and status updates, generally a 30/60/90/ end of the year format for assessing results works well.
Provide resources and support.
Mentor and coach as needed.
Listen to feedback and avoid jumping in to fix problems.