Engineers and managers rank the top attributes of engineering managers, and their relative importance.

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The research reveals that great engineering managers create a positive work environment, enable autonomy, and provide growth opportunities. Being technical is not as important as these factors. Female participants value technical skills more than males. Building a supportive and autonomous environment for engineers to grow in is essential for effective engineering leadership.

What makes a great manager of software engineers?

Offering a different perspective:
Management demands a unique blend of skills including empathy, decision-making under pressure, continuous learning, and balancing technical and leadership responsibilities. Not everyone possesses these qualities or enjoys the challenges inherent in managerial roles.
Also, you may no longer get the joy of coding and solving interesting problems. Some of my friends became managers, only to realize they were happier being individual contributors.

Interesting insight! Thanks for sharing!