Earlier quoted context omitted.
This misses the point of the article entirely. The point was that when leadership screws up, the lower level employees suffer. No accountability at the top.
The top has to have the ability and leeway for things to go wrong so that they can take risks. To make sure they take the right risks they are stakeing a % of their pay if its in options or bonuses as well as in their reputation.
Did you manage to hold a straight face while you wrote that? The people at the top still walk away with millions or more when they screw up. The people at the bottom walk away with very little. Whether the risks are worth taking is a good question, but certainly the people at the top don't feel the bulk of the pain if the risks don't pay off.