New manager for an equity research team

Hi there all,

I am a newly hired manager for a research and analysis department in equities.
I would like some tip and help with putting a strategy for the team ( 2 members of which one is senior and one is a fresh graduate) to help maximise the efficiency of the department.

I want to be able to delegate work for both members without having to leave one with all the workload and the other just doing some reading.

I would appreciate your replies with what kind of “work” should i ask them to do. Because as for now we only do analysis of companies we are asked to and thats it. i want to be able for other departments to be able to rely on the work we do i just dont know how and what to do!

Thank you in advance!