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> business people who have technical skills are similarly more likely to succeed.

Yes, and business people and managers who have technical skill and knowledge possess the advantage that they can detect when programmers are lying to them or exaggerating, and they can schedule realistic programming project times. Nothing is worse than a manager in charge of programming projects who doesn't understand programming.

Absolutely. This is true in many fields, but I think particularly for the software industry. There are so many people in management positions who are clueless about what engineers and software can and can't do.

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