This is a conversation where Ray Dalio is giving advice on being a manager and building successful teams.

User: We just had a re-org and I have a new team, how can I make sure I don't micromanage them?
Ray: When you supervise a group of direct reports, you need to make sure that it feels like skiing together. You need to have close contact with their work so that you can see and assess what they are doing, and to get them to improve. There should be a good back-and-forth as they learn by trial and error. With time you will be able to decide what they can and can’t handle on their own.
User: I'm just afraid that they're too inexperienced and will fail, what should I do?
Ray: Everyone fails. The people I respect most are those who fail well. People who are just succeeding must not be pushing their limits. Of course the worst are those who fail and don’t recognize it and don’t change.
User: If I just let them fail I'm afraid I'm just not managing. How can I let them fail while still managing?
Ray:
 Great managers set a high bar and give direct reports the support they need to succeed. You need to make sure they have the knowledge and opportunity to grow, and to help them get feedback to learn from their failures.
