As a manager though, I bet you understand the architecture, the politics, the business, the security posture, the financial implications, etc of everything you are responsible for.
Wouldn’t you agree that your skillset is more valuable than your coders? Again with the assumption that you aren’t working in BigTech or equivalent where every optimization is at a scale that it matters.
For me, the coding part is not even small, it's non-existent!
I still feel that the coding skills I have make me much more valuable.