Leadership and management

If you're a leader with no power over business strategy and no ability to allocate people to important tasks, you're at best at the mercy of your influence with other executives and managers, and at worst a figurehead. You can't give up the responsibility of management without giving up the power that comes with it.

Camille Fournier, "What's a CTO?", in The Manager's Path: A Guide for Tech Leaders Navigating Growth and Change, chapter 8.