S. Chandrasekhar mentions in Truth And Beauty: Aesthetics and Motivations in Science “that a man of science past sixty does more harm than good.” I believe it is the same way with business leadership. Not only that. I believe any sort of key department leader should be no older than late thirties. I look around, and 99.9 percent of department managers in Japan’s major companies are well over 40. Which means they are good at avoiding failures.
Okay, quick quiz. How old were current major IT companies’ CEOs and their officers when they made tremendous difference, and grew at steep rate? Apple? Microsoft? Dell? How about Japanese manufacturing companies. How old were Konosuke Matsushita when he started his business? Ibuka and Morita? Honda? Now, how old do you think the executives for these companies are?
Innovation comes easily to younger generation. We need to learn to support them, not hinder them.