I didn't go into management because I didn't think circumstances were stable enough. I did see four co-workers go up the ladder, with disastrous results. Two of them I tried to warn, the other two would have been a waste of time to warn. By the time I retired, two had been fired, one drank himself into a coma, then passed away. The fourth is still working, but became so hated, the company keeps moving him to different posts. All four of these cases were promoted by management personnel who were "people persons", but were terrible decision makers.
There's an old saying, "Ain't nothing to it, if you're born to it." I know it's too simplistic, but it's based on a lot of reality.