On senior management
from Seth Grodin.
One thing that happens to management when they get senior is that they get stuck. (As we saw with the new professor, senior isn't about old, it's about how long you've been there).
If you've been doing it forever, you discover (but may not realize) that the things that got you this power are no longer dependable. . . .
Worth quoting--one of Arthur C. Clarke's lesser known three laws: "When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is probably wrong."