A professional management class is a menace. Managers with experience in the domain they’re managing are key. Engineers-evolved-into-managers should lead engine

A professional management class is a menace. Managers with experience in the domain they’re managing are key. Engineers-evolved-into-managers should lead engineering firms, etc. If you don’t understand what your underlying business is, you’re doomed to fail. Likewise, businesses should be predicated on selling products, not on boosting stock prices. There are at least two very wrong things: the Jack Welch-ification of companies, and professional MBAs.