I used to work with a really smart guy named Doug, and I noticed he tended to hire only people who were not an intellectual threat to him. As a result, his team continued to downgrade with each new hire, and consequently, his results suffered. When I hired a CTO over Doug, it was the beginning of the end. Doug’s insecurities took over because he saw the CTO as a threat. We were in business to help people secure highly sensitive data, but Doug was more concerned about someone in the company knowing more about cybersecurity than he did. However, Doug couldn’t take it, and he didn’t last long at the company after that.(Location 244 - Kindle version)
Managers are required to be smart, and it is better if they are smarter than the members of their team. But instead or learning and acquiring new skills for themselves to enhance their smartness, seemingly these managers tend to hire less skilled people compared to them. The author suggests that this 'ego-driven' action drives the companies towards low results. What do you think about this issue? Is it really an issue related to the managers' egos, or is there something else to be discussed with regard to this matter?
– William James