Accountants should never be put in charge of any company that is not an accounting firm. They have no vision for the actual business, which is the revenue side of things. Instead the only trick they know is cost cutting, even at the expense of revenue.
Working on the revenue side requires spending money and having a vision for where the company needs to go. An accountant can't do either. Any company run by an accountant is at least beginning the death process.
Accountants should never be put in charge of any company that is not an accounting firm. They have no vision for the actual business, which is the revenue side of things. Instead the only trick they know is cost cutting, even at the expense of revenue.
Example No 1: GM
Have worked for three major defense companies in my 40-year aerospace career - all had that flaw.
It's what happens when one takes the Bible out of the Boardroom - you become unmoored.
Is the CEO of Boeing an accountant?
That has killed companies. Schlitz comes to mind as one that went cheaper and lost.