Delegation of authority is important as it reduces the workload of superiors, allows for quick decision making, and helps develop good relationships between superiors and subordinates. Delegation also serves as a motivation and training technique for employees and helps businesses grow. The document discusses the importance of delegation by outlining its benefits such as lessening a superior's workload, expediting decisions, and fostering employee development. It prompts readers to prepare a brief note on the importance of delegating authority in a work environment.