The problem is in thinking of MBA cult itself. If I was an MBA without software engineering experience I would also not understand intricacies but would think I can manage it anyway.
A counter example would be to ask the question if AMD could have navigated it's resurgence if it had not been led by deeply technical CEO, Lisa Su
It's not an MBA cult problem, but it is a management-academia problem. Universities provide classes about management and business without focussing on the actual business part of businesses. If you want to succeed, domain knowledge will almost always be the most important thing, and business and management schools basically brush this to the side as an afterthought.
"I have a masters in biology, I know whats wrong with this country's finances". The soft narcisism of credentialism.