Not even close. If your CEO is an idiot or a naif then he can't evaluate his lieutenants, he will pick idiots to manage the day-to-day, they will do shoddy work

Not even close. If your CEO is an idiot or a naif then he can't evaluate his lieutenants, he will pick idiots to manage the day-to-day, they will do shoddy work (or screw him over behind his back) and he won't know, and disaster will ensue. Reminds me of Groupon, which is one of the worst cases. And on Google, I submitted this to HN for a reason: http://slashdot.org/comments.pl?sid=3106555&cid=41288357 http://slashdot.org/comments.pl?sid=3106555&cid=41288357