IDG Contributor Network: Why senior executives neglect project management

The following post is an edited excerpt from my book The Focused Organization.Introduction 
I have spent the past 10 years trying to understand why senior executives seem to neither understand project management nor regard it as an important means of strategy execution. While conducting my research, I discovered that most heads of organizations view project management as a highly technical discipline -- an area for engineers and IT professionals. Consequently, they:
Lack a basic unders