Please explain this answer :
At a conference, a management leader with mountaineering background stated, "On the mountain, you threaten the success of meeting your goal if you carry superfluous stuff. It is the same in business. You avoid what slows you down and is distracting. Share the load and stay focused. These are among the principles of mountaineering that can be applied in the case of business managers too".
The given statement refers to an important concept of a function of management. Identify the given concept and also explain its three points of importance.