There was the 'great man theory' in history - does the personality of a ruler matter that much, is it the decisive factor? Historians don't think so, however in

There was the 'great man theory' in history - does the personality of a ruler matter that much, is it the decisive factor? Historians don't think so, however in business we still have the cult of the super hero executive. i wonder if this notion will pass some day, as it did with the study of history. (On the other hand it is a small wonder to get anything done in an increasingly bureaucratic organization...) For example there is the curious case of Germany, where executive salaries are 50% down from the US level [1] - however Germany has a larger share of small and medium sized enterprises (mostly family run - so they can't just rob themselves like that), and they also have kept some remnants of the old social democratic values; also it is quite hard to compare different societies. [1] http://fortune.com/2014/11/04/why-do-american-ceos-make-twice-as-much-as-german-ceos/ http://fortune.com/2014/11/04/why-do-american-ceos-make-twic...