In my experience, the biggest impediment to this goal of always hiring the best people is what I call "good talkers". People who are good at talking, good at convincing, but not good at technical work. The bigger an org gets, the more likely some interviewer will be fooled by a good talker. Once there's one, they like to hire other good talkers. Good talkers don't know as much about tech, so they are more easily convinced by other good talkers. Good talkers strive for positions of power where talking is more important than the technical work they don't know how to do. Before long, your company is run by professional managers who don't know how to do anything but talk. Once those people are in charge, any kind of technical meritocracy is impossible. Like they say, "the turds always float to the top".
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