“Surround yourself with great people; delegate authority; get out of the way.”
Notice that the quote doesn’t say “delegate accountability.” You are still responsible and accountable for the results that are created.
But that is why the rest of this quote is so powerful. When you have the right people, they have the right authority, and you have the wisdom not to meddle, that’s when the magic can happen.
It all starts with having great people, nothing else works if you get that part wrong.