One argument is perhaps that bad management can be stifling and it can be hard to achieve good outcomes under bad management. The semiconductor space is perhaps

One argument is perhaps that bad management can be stifling and it can be hard to achieve good outcomes under bad management. The semiconductor space is perhaps difficult because you have very long lead times and the cost of each iteration is high: if you have different parts of the organisation pulling in different directions, you're unlikely to have a good outcome, and iterating to unify that direction is very difficult.