The document discusses the importance of delegation for managers and common failures in the delegation process. It outlines the delegation process as receiving authorization, making assignments, monitoring progress, and making corrections. It then describes several common failures such as not receiving proper authorization, failing to make assignments, improperly tasking work without planning, not monitoring progress, failing to make necessary corrections, and micromanaging work through over-correction. The key message is that delegation is essential for managers and requires following the full process to be effective.