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A classist lie? What are you talking about? Statistics are pretty clear in the failure rate of founder-CEOs when they scale past certain sizes. Even Zuckerberg
by briandear 9y ago
A classist lie? What are you talking about?
Statistics are pretty clear in the failure rate of founder-CEOs when they scale past certain sizes. Even Zuckerberg -- if it weren't for Sheryl Sandberg, Facebook wouldn't have survived as well as it did. Zuckerberg didn't know the first thing about running a large organization, I might argue that he still doesn't -- but when a company can basically print money, there's a huge margin of error afforded to Zuckerberg-type leaders. If Zuck where competing in the energy business, banking or autos, he'd have been long since buried.
Steve Jobs also wasn't particularly good (managing a large org) during his first stint at Apple -- it took a lot of maturity and learning at Next and Pixar before he was really ready to lead Apple.
Mark Benioff is another founder-CEO that did really well -- however, he was an Oracle Vice President before starting Salesforce. He was both incredibly smart but also had experience within a large organization.
> Any reasonably smart CEO can learn his way from 10 - 10000. Yes, (s)he may not be capable of 10k on day one, but they can grow along the way.
Citation needed.
The list of successful founder-CEOs who have scaled to huge orgs is a very short list.
- maerF0x0 9y agoAll of these people had to learn their way up the scale. I see little reason a founder CEO couldn't learn their way up the scale too.
- zbentley 9y ago> a founder CEO couldn't learn their way up the scale OK, but many (most, if others' claims in this thread are to be believed) of them don't do so. That contradicts your original claim, unless you want to say that many/most CEOs are not "reasonably smart", which is dubious at best and armchair quarterbacking at worst.
- maerF0x0 9y agoThis is a good point. What's the pragmatic difference between can and does. Others have pointed out a good point too that many CEOs are so busy focusing on other things that they fail to do the learning they need to, effectively falling behind the needs of the company. I mostly am rejecting the knee jerk reaction of "Company has grown 100x and now requires a new CEO" ... Who knew this would spark so much discussion?