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Here's a good article that holds up Steve Ballmer (Microsoft) and Tim Cook (Apple) as case studies for why a marvelously expert senior executive might be the worst possible choice for CEO, and why large, rich businesses do this none the less.
http://qz.com/819739/why-tim-cook-is...-job-at-apple/
How to miss the boat—five times
Despite Microsoft’s remarkable financial performance during these 14 years, Ballmer and the rest of Microsoft’s leadership failed to understand and execute on the five most important technology trends of the 21st century: search, smartphones, mobile operating systems, media, and cloud. Microsoft left the 20th century owning more than 95% of the operating systems that ran on computers...
Despite Microsoft’s remarkable financial performance during these 14 years, Ballmer and the rest of Microsoft’s leadership failed to understand and execute on the five most important technology trends of the 21st century: search, smartphones, mobile operating systems, media, and cloud. Microsoft left the 20th century owning more than 95% of the operating systems that ran on computers...
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