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> why does the argument always apply "to the executives," and not all of the employees down the line that signed off on a given decision Because the executives
by close04 7y ago
> why does the argument always apply "to the executives," and not all of the employees down the line that signed off on a given decision
Because the executives are given a lot of power over those employees, they are paid accordingly, and they are privy to far more information to aid them in taking a decision.
A CEO is paid over 300 times more than the average worker. [0] Multiply that by a factor to represent the authority of the position, and the acute awareness of what those actions represent and you should get the magnitude of the difference in accountability.
> giving employees a right and duty to call out bad behavior.
You already have this right. But you either do it to the authorities at great personal expense (in any way you can imagine) and with far higher burden of proof, or you do it internally in front of another executive. There is no incentive to take any action because the executive will always have the company as a shield in front of the law.
[0] https://www.forbes.com/sites/dianahembree/2018/05/22/ceo-pay-skyrockets-to-361-times-that-of-the-average-worker/ https://www.forbes.com/sites/dianahembree/2018/05/22/ceo-pay...
- perl4ever 7y agoAccountability is a word people use to express their loyalty to the organization. It's supposed to mean a commitment to correct something that went wrong. As long as we have organizations that are bigger than people, it's not going to be possible to follow a strict eye-for-an-eye principle. If an organization kills hundreds of people, like Boeing, you can only execute the CEO once.
- close04 7y agoThe people you're talking about use it wrong. > In ethics and governance, accountability is answerability, blameworthiness, liability, and the expectation of account-giving. Accountability should be there to make sure those people wielding all the financial power and influence of an entire company don't use it for their own interest regardless of consequences. Unless all that financial power and influence are used to create favorable laws... > If an organization kills hundreds of people, like Boeing, you can only execute the CEO once So better do nothing, maybe they stop, right? Are you saying that committing more crimes than you can be punished for should be a get out of jail free card? Put that CEO in jail for life and all others will take notice. And depending on the country this will mean "pay more to get favorable laws".
- perl4ever 7y agoI am not the CEO of Boeing. Why do you think I care if he is executed or imprisoned? I'm just saying that it's impossible to extract the value that someone destroys by being a bad leader, from that leader, because shit that breaks is usually far too big. If it was possible to get good results by executing executives who fail, wouldn't it follow that some country would have already tried it and been eating our lunch by now? Wait a second, there is a country that comes to mind...
- close04 7y ago> it's impossible to extract the value that someone destroys by being a bad leader, from that leader, because shit that breaks is usually far too big. Then you extract everything you can from that "leader" and move on to the next one responsible. Are you saying that Boeing's CEO could smash a couple of planes into some skyscrapers and get away because you can't extract the value from him? Laws also have the deterrence aspect. When you pick up that fat paycheck it comes with the responsibility. Unless you can buy your own justice. Make a list o high ranking executives or politicians that ended up in prison in the US... And don't play with words, knowingly falsifying documents is not "being a bad leader" it's "being a criminal". Here's your idea in a more mundane example: a driver intentionally plows into a crowd killing 2+ people. He can't pay back the damage having a single life to give himself so we'll just blame the car. > If it was possible to get good results by executing executives who fail, wouldn't it follow that some country would have already tried [note: "executing" was your term, mine were prison time and fines] Oh but they did [0]. Just not with local companies in countries with extremely powerful lobby groups, where laws are written by CEOs. So the CEO of a US company like Boeing will never see the inside of a US prison. And since Boeing is so deep in US military contracts, I'm sure pressure will be put on any country that thinks of indicting him. [0] https://www.theverge.com/2017/12/6/16743308/volkswagen-oliver-schmidt-sentence-emissions-scandal-prison https://www.theverge.com/2017/12/6/16743308/volkswagen-olive...