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1) If a CEO makes a company 5% more productive, that's worth millions of dollars. Only when he's 5% better (making company 5% more productive) when compared ag
by burntoutfire 7y ago
1) If a CEO makes a company 5% more productive, that's worth millions of dollars.
Only when he's 5% better (making company 5% more productive) when compared against the next-best CEO available on the market.
- woofie11 7y ago... And that seems to be more-or-less a random die role influenced by corruption. Odds are, though, that CEO will be more than 5% different, and some people will /predict/ they will be more than 5% better (probably incorrectly). There really isn't any objective way to know who the best is, or who the next-best is. If we had a stack rank, it'd be an easy problem.