Best executive is one who has sense enough to pick good men to do what he wants done & self-restraint to keep from meddling with them while they do it, do you agree?

very true.

You forgot to mention "listen to his good men, and learn from them" as well!

Of  course

And  good  advice

True, and when their work speak for them don't interrupt them. 

IN MOST CASES BEING A GOOD EXECUTIVE MEANS HIRING TALENTED PEOPLE AND THEN GETTING OUT OF THEIR WAY.          Tank You.

Its partially true but its all depend on industry, function and company

there are different ways of management and thier application as per need

for exmaple, if its in R&D department, Yes, it shall be, pick the right man and dont do micro management.

If its in Aeronautics, It cant be true, U have to keep supervise.

but BIGGER QUESTION is- HOW do you KNOW, who is RIGHT MAN and HOW do u find him.

even Goggle HR has accepted that there is very less link in performance during interview and real time performance So There is NO tool by which you can really predict a real time performance to be called- RIGHT MAN.  

i BELIVE , HIRE an attitude and train for skills

CHEERS

These days Executives are neither allowed to pick nor having time to meddle. He is left with moulding the given men to suit his requirement. Once this is done, result will start flowing with minimum supervision. On and off intervension is required and not the interference.

Only thing to say: I agree, but I finally learned this........

Yes I do agree with the statement