‘Find the smartest technologist in the company and make them CEO
mckinsey.com
mckinsey.com
How would a company do this when they are run by tech illiterates? They don't know what they don't know. What I see from one company to the next is the smartest passed over for somewhat smart people who have seniority.
http://www.paulgraham.com/mean.html does a great job explaining why this is.
Historically things weren't like that, but they are changing fast.