I disagree. I have witnessed, in my lifetime, New Coke and the J.C. Penney management disasters, among others. Management is often incompetent, despite the appearance that they have all the data and knowledge. The thing we fans lack knowledge of is the internal politics of any organization, which often is the cause of failure. Being on the inside of an organization does not always mean you make the best decisions. It all depends on how you are able to utilize the data and knowledge within the framework that management provides.