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You need a CEO to run a business with hundreds of billions in revenues, and tens of billions in annual profits, where every executive decision has hundreds of m
by valuearb 6y ago
You need a CEO to run a business with hundreds of billions in revenues, and tens of billions in annual profits, where every executive decision has hundreds of millions if not billions of dollars in impact to the companies value.
Are you going to cheap out and hire a lesser candidate to save a few million?
- rusk 6y agoThere are some very poorly run companies about the place ...
- valuearb 6y agoPro sports teams spend millions every year to measure potential draft picks to the tiniest level in speed, strength, intelligence and mental qualities, and yet every year spend millions on picks that fail. But statistically, first round picks perform far better than second round picks, and second better than later round picks, so their analysis is doing far better than random selections. That it’s not an exact science and frequently fails doesn’t mean you shouldn’t do your best to get your best candidate.