Our Mexican breakfast friend has a point. May I humbly suggest you all take a look at the article at this link:
ISA | Top-heavy management drains companies
Hans Bauman is the founder of the Bauman control valve company that is known today as Fisher-Bauman, or just Fisher Controls. His qualifications are at the bottom of the article. (NB: And he doesn't have a MBA! Shock, horor.
) They are owned these days by Emerson Process Automation, one of the worlds leading and largest process control instrumentation manaufacturers.
Another good article appears in the March (?) 2008 edition of Australian Aviation. An interview with the new CEO of Air NZ. In the third para graph, from memory, he makes a prophetic statement to the affect that 'he looks after his staff, and his staff take care of the share holder's value'. The guy should be stuffed and mounted he is so rare!