I've seen nothing to convince me that most C-level management "experts" care about confounders, selection bias or, generally, the quality of any data they come up with. Nor have I seen evidence that others in a position to call them on it care to. They either do not care, or do not know, how to reasonably use data to support a point or to make a decision. To include folks from the big-3 management consultants.

Though to be fair, it's not like people down the org chart are usually much better at it.