4 ms·
Any time a company brings in a professional CEO it's a bad sign.
by fundameen 10y ago
Any time a company brings in a professional CEO it's a bad sign.
- joshdickson 10y agoYeah, really killed Google.
- jimminy 10y agoYou're using a mismatched understanding of experienced and professional. Shmidt wasn't a professional CEO, he was a software engineer who worked his way up the ladder and then took his experience as CEO to another company. Tejada's experience seems to be all related to corporate management, and thus is a professional CEO.
- joshdickson 10y agoNo, I am saying something funny, for effect, based on an ignorant stereotype that professional CEOs never succeed.
- fundameen 10y agoNo one said that professional CEOs always fail. I said it's a bad sign when one is hired. Are you arguing it's a good sign, or that tech companies do better with non-founder managers?
- joshdickson 10y agoYes, and I am telling you that is an ignorant stereotype. Edit: You've edited your response so many times I can't keep up. I am not arguing any point of view. You unilaterally said that it is always a bad sign when a company brings in an experienced CEO. That is an ignorant stereotype. Sometimes they succeed, sometimes they fail. Sometimes it's a smart hire, sometimes it's not. The late Dave Goldberg taking the reigns at SurveyMonkey was an incredible turning point for the company.
- kapitalx 10y agoAlso in this case the CEO is staying on as CTO which is a good sign that this is a strategic hire rather than some internal issues leading to ousting of the CEO.
- joshdickson 10y agoFounder CEO staying on as quasi CTO while professional CEOs are brought in? Nobody tell OP about what Larry Ellison's done with Mark Hurd and Safra Catz.
- simula67 10y agoThe parent said it was a sign, not a certainty. If it is a stereotype, it is not an ignorant one.
- joshdickson 10y agoThe parent unilaterally said that it was a bad sign. That is an expression of certainty. Not 'it could be a bad sign,' or 'I believe it's a bad sign,' but 'it is a bad sign.' That is demonstrably and obviously false. I know what they said, and what they said is a ridiculous, stereotypical view of the value of professional managers who often lend far more value than technical people want to give them credit for.
- simula67 10y agoIf you want to point out the kind of value professional managers bring to the table, please do so. Such an approach, in my opinion, makes the debate productive and moves the discussion forward. I feel "professional" managers are bad for tech companies. Here are two reasons : 1. A lot of management techniques that are taught in business schools apply to traditional manufacturing based businesses. A lot of these underlying assumptions are invalid in the tech businesses. 2. Tech businesses require a deep understanding of what is possible with the current state of the art. This is requires a deep understanding of technology so that when there are fundamental changes to the landscape (which happens more frequently in tech) the company can adapt and stay relevant.
- kornish 10y agoThere's actually a study ("Rich vs King", [1]) by HBS showing that, controlling for other factors, bringing in a professional CEO can actually maximize the value of the founders' equity. [1]: http://www.people.hbs.edu/nwasserman/rich_vs_king-proceedings_with_abstract.pdf http://www.people.hbs.edu/nwasserman/rich_vs_king-proceeding...
- umeshunni 10y agoIt's called getting Elop-ed
- ktRolster 10y agoTejada's experience seems to be all related to corporate management She rocks at sales, and she knows how to push back corporate suits (keep them from interfering too much with engineering). She supports her employees over the shareholders. She's great. That is the Jennifer Tejada I know.
- hartator 10y agoI think in a way yes. Since Larry Page and Sergey Brin have left to do Alphabet, nothing of value has been released. Quality seems to be also down while ads are way more agressive. I wouldn't buy GOOGL.
- phamilton 10y agoEhhhh... I think they mean over a decade ago when Eric Schmidt was brought in as CEO.