I'm especially afraid of too much micromanagement, but I don't really know how to handle the process better. Here is my style of management, briefly summarized:
I have a very deep and detailed knowledge of all of our codebase, which is in it's entirety shared by noone else at the company. I've written half of it myself and the other half has been written by other people. Most of our hires have been hired between a year and few months ago (company is very young by itself).
What is the usual process for me is that I discuss the general direction and required features with top-level management, who is entirely nontechnical and make a roadmap in my head with plans for the "subprojects" which are more or less self-contained units of work, their time estimates and relative priorities with respect to company-wide deadlines.
Based on the last two, I dispatch the tasks to relevant people, waiting when they finish previous tasks. I try not to stress people with too many tasks at once, but treat "tasks" more like a priority queue, where when a person becomes available a current highest-priority task is taken out from a queue and assigned to a person, taking into account personal technical strengths and weaknesses as well.
Most of the time, when giving a task to a person, I already have solution implemented "in my head" and the process mostly revolves around me explaining the relevant part of the codebase to a person and detailing the solution I've envisioned with special emphasis on the parts where a mistake is more likely to be made. After the implementation is done, I take part in testing and perform a code review before merging the code in the production branch.
Sometimes I wish I would give people more freedom, but on the other hand maintaining project coherency and keeping a single direction for the whole team I feel requires for me to make final decisions quite often. I plan to hand off ownership of certain "modules" in some time in the future, but first I'm waiting for deeper understanding of the codebase to develop in the reports.
On the outside, to me, it seems that the process works. People are not complaining, team makes progress, features are done on time and seem to be of satisfactory quality. But like you can read above, I'm base strongly on detailed technical knowledge and basically "planning the work ahead" for the people.
I would really appreciate if anyone could share their experience with making that transition.