The only real power one has is the power of persuasion. The less you know about something the simpler it seems. Decisions made without all the facts are guesses. The most important thing a manager does is people picking.
Lies are hard to remember.
Those that don't solicit and listen to advice are destined to be unsuccessful. Cash flow is more important than profit. A pat on the back is the ultimate in cost effectiveness. All contracts end. An unfilled position is better than one filled by the wrong person.