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Do we think that the amount of leverage a CEO has over the operations and output of a company has increased or decreased since 1989, as a result of tech? My wa
by lazzlazzlazz 6y ago
Do we think that the amount of leverage a CEO has over the operations and output of a company has increased or decreased since 1989, as a result of tech?
My wager is that this has increased significantly more than 6x.
- t-writescode 6y agoI'm curious what you mean. Could you expound upon this?
- asdff 6y agoProbably decreased quite a bit. CEOs are more beholden to shareholders than ever. They aren't even appointed from within: typically shareholders will just hire some mercenary from outside to do the job for a few years, perhaps even solely to absorb public flak and draw blame from the wider company, before being tossed aside for another disposable mercenary CEO.
- bombcar 6y agoWhen you hear "CEO" most people think of Steve Jobs, Bill Gates - famous CEOs that are the face of their company. The vast VAST majority are not famous nor even the face of the company.