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Comment by spaetzleesser
I personally believe it's easier for a technical person to become reasonably competent at process, cost and other management stuff vs a management person to become reasonably competent at technical things. When I was contractor I saw terrible decisions made by CTO and CIO in several companies because they didn't have any technical taste and ran everything by numbers and processes. I definitely believe a CTO should be very strong technically and have a good bullshit detector.