"The 1990s were not kind to DEC, and the once-mighty tech giant faded from relevance due to a series of business decisions that, in hindsight, proved detrimental."
The 1990s were indeed unkind to DEC. But it wasn't management that killed them and competitors like SEL. What did the Minicomputer vendors in was that they occupied a market position that was devoured by substantially less expensive "desktop computers" The release of the IBM 5150 PC in 1981 signaled the start of a two decades squeeze on the minis. They couldn't move up very easily because IBM and its cousins had the mainframe market nailed down. They were slowly devoured from below as PCs became ever more powerful. Nothing much management could do about that. They were managers, not magicians.