First of all, being the owner or CEO of the organisation, you have to select competent employees and empower them in order to create a sense of ownership in them which will help you in meeting your targets in the most effective manner.
You should review the performance of employees before giving them a share of power. It will enable you to select the right persons and who will not misuse their authority.
By empowering employees you are giving them a certain level of authority which usually creates a sense of greater responsibility among employees and they put in extra effort to bring positive results.
Empowerment will enable employees to take certain on the spot decisions which will increase the productivity and the organisation with grow with incredible speed.
Make sure you have evaluated the track record of employees before empowering them. It will let you make the right choices because the deserving people will have a sense of ownership of their duties and they will take the organisation to the next level.
Involve the managers of all departments in the decision making process because it will help in making the right decisions at the right time and all managers will then work hard to achieve the goals.
You should also observe the behaviour of employees and utilise your sense of judgement which will help you in selecting those people who have leadership qualities. Everyone cannot be a good leader and you have to empower only those who are worth it.
Involve the managers of all departments to know the most brilliant employees in their teams. It will help you to find potential employees who can play a vital role in fulfilling their duties in a much improved manner. Empowering these people will create a sense of ownership in them and they will become more productive.