4 ms·

A line worker must make 1000s of decisions a year, but even if all of them are made wrong, it won't break the company. An executive only has to make a few deci

A line worker must make 1000s of decisions a year, but even if all of them are made wrong, it won't break the company. An executive only has to make a few decisions a year, but any one of them could make or break the company. Selecting people and value setting may seem trivial, but that's because you only see the results, and not the process. Start from a blank slate and try to select the right people and choose the right values to make a company, and see how easy it really is.

crimsonalucard 7y ago
It's not easy but it's not inhumanly hard that only special people can do it. Also believe it or not, if the executive wanted to, he could delegate those few decisions as well. The key choice is he has to find the right people to delegate to, that's it... If the executive has any type of special skill AT ALL. All it usually is, is having the ability to get to his position. That involves navigating politics, convincing people to give him money, making the seed money himself. These are the only things that make him standout if he isn't a founder or worked any other unrelated job.
- deleted 7y ago
  [deleted]
ClumsyPilot 7y ago
A fire safety inspector, or people in charge of infecting nuclear facilities should earn millions
- crimsonalucard 7y ago
  The reality of the world is that people are not paid by how much they deserve but by supply and demand. The even deeper reality is that people aren't even paid by supply and demand but they are paid on the perception of supply and demand. (Most) executives are paid not by supply and demand but by perception.
- ant6n 7y ago
  But those people don't really make decisions, do they? It's about strictly following a set of rules, to minimize your personal liability.
  - ClumsyPilot 7y ago
    The rules are not strict or clear cut, in UK we recently had a skyscraper burn down (grenfell tower). The residents complained that it was a fire hazard for years. The court case is going on for the second year, and it's still unclear if regulations were broken, or regulations themselves are broken. But even if we adopt your point of view, is the civil defining rules for safety of nuclear powerplants paid even 1% of the damage Fukushima has caused?

crimsonalucard 7y ago

It's not easy but it's not inhumanly hard that only special people can do it. Also believe it or not, if the executive wanted to, he could delegate those few decisions as well. The key choice is he has to find the right people to delegate to, that's it... If the executive has any type of special skill AT ALL. All it usually is, is having the ability to get to his position. That involves navigating politics, convincing people to give him money, making the seed money himself. These are the only things that make him standout if he isn't a founder or worked any other unrelated job.

deleted 7y ago
[deleted]

ClumsyPilot 7y ago

A fire safety inspector, or people in charge of infecting nuclear facilities should earn millions

crimsonalucard 7y ago
The reality of the world is that people are not paid by how much they deserve but by supply and demand. The even deeper reality is that people aren't even paid by supply and demand but they are paid on the perception of supply and demand. (Most) executives are paid not by supply and demand but by perception.
ant6n 7y ago
But those people don't really make decisions, do they? It's about strictly following a set of rules, to minimize your personal liability.
- ClumsyPilot 7y ago
  The rules are not strict or clear cut, in UK we recently had a skyscraper burn down (grenfell tower). The residents complained that it was a fire hazard for years. The court case is going on for the second year, and it's still unclear if regulations were broken, or regulations themselves are broken. But even if we adopt your point of view, is the civil defining rules for safety of nuclear powerplants paid even 1% of the damage Fukushima has caused?