What is meant by the SAFe principle of 'Decentralize Decision Making'?

Remember to describe the types of decisions that are candidates for decentralization. Additionally, define the scope of decisions that are meant to remain centralized.

"Decentralize Decision Making is a model that empowers team members to make decisions quickly with limited escalation. In this model, organizations reduce lead time by allowing decisions that are tactical, frequent, require local expertise, or are time-critical to be made by the team members closest to the situation. Only strategic decisions that have significant business impact, require specific expertise, or are long-lasting are centralized."