[Alberta's Child]

In my experience, senior management in corporate America is all about building fiefdoms in the pursuit of self-enrichment. It’s amazing how many people in the corporate world know almost nothing about their companies’ core lines of business.

[SamAdams76]

Regarding your point about "C" level execs, it is usually spot on. Larger companies usually recruit them from the outside and they come into the company at the highest level without necessarly understanding the core business.

A famous example of this was when Steve Sculley was brought in to run Apple back in 1983. At the time, Sculley was with PepsiCo and knew next to nothing about computers.