3 ms·
The success of a company rests on thousands of factors one of which is the CEO. Even the best CEO can’t ensure success when all other factors are against it, bu
by hjk05 8y ago
The success of a company rests on thousands of factors one of which is the CEO. Even the best CEO can’t ensure success when all other factors are against it, but a mediocre CEO will sometimes fail when all favors are in their favor.
Which is to say. When trying to figure out if a CEO is ‘worth it’ don’t like at company success as a metric. You need to look across the industry and find “big obviusly avoidable but extremely costly mistakes” and see how much they cost, and ask: is it worth it if they can avoid all thoses issues.