Pretty much every company I’ve been in or know of values a vertical trajectory instead of a horizontal one for its employees i.e becoming a manager nearly always means a faster salary progression than becoming an expert in one or multiple fields.
Why is expertise valued less?
High level and well paid experts do exist, particularly in tech companies. The reason it’s rare is because actual expertise requires both talent and effort. Very few people qualify.
Management is also a skill. And it’s arguable a more useful skill since it’s more transferable than a narrow focus. At very high levels you have a lot of responsibility figuring out where your company is headed.
Also traditional companies don’t typically have knowledge based employees. There’s a limit to what high expertise can bring. This is what has led to management as the promotion track.
I the pre-Jack Welch America, it was very common to have highly-skilled, very senior technical people making almost as much (and in some cases, more) than the CEO or the company president. This included architects, lawyers, accountants, engineers and any person that was deemed invaluable to the company.
Fuck Jack Welch and fuck MBAs.
Also it’s important to clarify that leadership and management are different things.
Good leaders keep a team working together, motivated, going in the right direction - good management ensures a team prioritizes the tasks involved in going that direction.
That is true, but you can become an expert in multiple things. For example you become an expert brick layer and then you become an expert plumber, and so on. Or in a knowledge based company, you become an expert payroll accountant, then an expert tax accountant, then an expert revenue accountant, etc.
So people value knowing where to go more than being able to get there? Is this the gist of it? If so, why? I don’t understand why one is more important than the other. You can have the best plan on the planet, but if you don’t have the people to get you there quickly, safely, and in top shape, that plan is just that, a plan.
A good plan with average people can still succeed. You’ve built a mediocre house. It has some value.
A bad plan with the best people will fail. You’ve built the wrong house. It’s worthless.
That’s the thing with management, they have impact beyond themselves.