What they don’t tell you is that the scope of failure when your job is “meetings” has a lot more leniency.
If you tell someone to do something, and some other team two levels below that has to do it, you have an incredible amount of buffer for blame. Now, if you’re an Elon telling people to make gullible wing doors or make a truck out of stainless steel or not to use lidar, that’s kind of on you. If you’re telling people to overvalue your real estate to conduct illegal business and enter fraudulently into contracts, that’s also on you.
For the most part, though, there’s so many levels of indirection between the c-suite and what actually gets done that it’s really hard to give credit or blame for anything but “leadership.”