When I first read the OP, I viewed Putt's reported thesis (apparently mistakenly and out of ignorance) as satircal. Yet only zentara's response seems to have shared that view.

So, a <rant> of my own:

IMO ("H" deliberately omitted), "managing" in a field one does not understand leaves the manager and the enterprise at the mercy of the misguided, whether above or below.

</rant>

Yeah, I know: short rant!

So let me throw in a corollary: Those whose proposals/projects/coding break new ground (at least within their Putt-style organization) can only hope to succeed where they are extraordinarily clear and concise about the (monetary) benefits to that organization.