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The only thing important for a CEO is their effect on bottom line and stock price. If the effect is that people collaborate less, but results go up, maybe more
by timwaagh 7y ago
The only thing important for a CEO is their effect on bottom line and stock price. If the effect is that people collaborate less, but results go up, maybe more collaboration is not necessarily always positive. So in my opinion, just using these metrics and no economical metrics gives no useful answer for those who need to hire a CEO. On a further note, the tendency to blame things on other people's personality types is akin to a modern-day astrology.
- RangerScience 7y ago> The only thing important for a CEO is their effect on bottom line and stock price. What? No. Legally that may be true for C-corps, but AFAIK that's explicitly why people started doing B-corps; to have other metrics of success than just those two. And even for C-corps, doesn't it still depend on what the shareholders want? And after all that, you've still got to consider that if you're only looking at "ends justify means", well, why do you think you're at an end and can even measure it?
- fosstax 7y agoIgnoring the ethics of hiring someone that almost certainly will cause psychological trauma to their colleagues, I just want to say that narcissism is hardly a "personality type".
- dwaltrip 7y agoWhat time scale? The bottom line next quarter? 3 years from now? 10 years from now? 20 years from now? If it is impossible to plan precisely enough to determine the bottom line 20 years from now, perhaps fostering a dynamic, healthy culture with a powerful vision is a more effective way of creating a successful company than narrowly looking only at the amount of profits. Obviously, the business model must be considered. But a business model with no value system or vision will likely crumble as conditions change.
- crispyambulance 7y ago> The only thing important for a CEO is their effect on bottom line and stock price... People are just tired of assholery, ok. It's not like greed is new. It's always been a part of human experience, usually bad, and especially so when it becomes extractive and monopolistic. But there's something about "tech" startups that seems to attract the most awful personalities into c-level leadership. I expect railroad and oil tycoons were much the same in their day. I don't expect anything to be different in the tech industry.