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A CEO absolutely can turn a failing business around? Are you sure of that? I don't feel any cognitive dissonance in my belief that, yes, Mayer is responsible
by dasil003 10y ago
A CEO absolutely can turn a failing business around? Are you sure of that? I don't feel any cognitive dissonance in my belief that, yes, Mayer is responsible for Yahoo's ongoing failure, but also it's quite likely impossible to turn Yahoo around.
- chasing 10y agoMaybe my phrasing was off, but you're misunderstanding my comment. Stepping into a CEO role means you're saying "I can turn this company around." If you fail at that, then you accept the blame. Don't want to catch blame? Don't accept "impossible" jobs. Also: Yahoo! had a ton of resources in a rapidly-growing industry. I highly doubt turning Yahoo! around would be impossible. Hard, maybe. And maybe many people had already sort of given up the game and moved on to better things. But, again: If you're CEO, it's your responsibility to turn the company around. That's why you get the big bucks.
- dasil003 10y agoI think you're misunderstanding my comment, I explicitly stated that yes, Mayer is to blame. What I was commenting on was the implication that any company can be turned around. I don't think that's true.
- saiprashanth93 10y agoThe point that is trying to be made by chasing I think is that Yahoo had a better chance then your average "any" company would have to make a turn around possible.
- PascalsMugger 10y agoCEOs get the credit when the company does well and they get paid extraordinarily well. Either they don't deserve that credit and shouldn't get paid nearly as well as they do, or they should get just as much credit when the company fails. None of this heads I win, tails you lose bullshit.
- dasil003 10y agoHow are you disagreeing with what I said?