Yes, I generalize a bit to make a point. The other problem with a technically-savvy management is that they can get it wrong, but when the company organization discourages dissent, then their dominant position in the hierarchy ensures that nobody is courageous enough to tell them they're wrong.

The classic example of this in history was the British engineer F.W. Webb, Francis Webb made his reputation when he was responsible for the installation of Bessemer converters and the start of steel production at Crewe locomotive works in 1861-1866. He was appointed Chief Mechanical Engineer in 1871 and stayed until 1903. He was generally successful as a designer, but his understanding of compound systems was flawed, but were nonetheless applied to a number of locomotive designs. He was rather tyrannical in his running of the department and so few dared to point out his misunderstanding. the subsequent locomotives gave considerable trouble to their crews in service, and were less economical to run than simple single-expansion engines. One particularly disastrous design was prone to slip when starting up, such that the pairs of uncoupled driving wheels spun in different directions!

I though you might wish to know that!