Banks are notorious for promoting people into Managerial roles that require technical knowledge but they have none themselves...unless you have a clue about the technology that drives your business you cannot effectively manage your position, and hence, you will ultimately fail in your objectives...that doesn't mean you have to be an uber-geek, but you should know when some chippy in your department tells you the POS transactions failed in processing because the DB was unreachable, you may want to be able to respond with a "what DB? These are OLTP transactions, they only get to that DB after they are processed"
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Banks are notorious for promoting people into Managerial roles that require technical knowledge but they have none themselves...unless you have a clue about the technology that drives your business you cannot effectively manage your position, and hence, you will ultimately fail in your objectives...that doesn't mean you have to be an uber-geek, but you should know when some chippy in your department tells you the POS transactions failed in processing because the DB was unreachable, you may want to be able to respond with a "what DB? These are OLTP transactions, they only get to that DB after they are processed"