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To be honest, this shows that a dysfunctional CEO (for completely understandable reasons) leads to a nonprofitable firm, not that value is added. You could say
by makapuf 6y ago
To be honest, this shows that a dysfunctional CEO (for completely understandable reasons) leads to a nonprofitable firm, not that value is added. You could say that people with no or defective keyboard have a hard time programming, but the best keyboard does not add significant value to a developer.
- rybosworld 6y agoAgreed. If anything, this study makes the case that one person with sweeping decision power is at best a liability.
- koonsolo 6y agoIn that case, take away the CEO and see what happens. It can't be that hard. You don't know any companies without CEO's? Exactly!
- rybosworld 6y agoA famous one is DPR Construction: https://www.dpr.com/media/blog/wsj-ceo https://www.dpr.com/media/blog/wsj-ceo They have 3 people (the co-founders) sharing the role/responsibilities of CEO.
- koonsolo 6y agoStrange reasoning: "Show me a person without a car". "Here you go, this person has 3". So 3 founders are running the company, nothing special about that. Please show me a company without a CEO.
- gtyras2mrs 6y agoDoesn't seem like 'strange reasoning' at all. Since the comment was like 'having only 1 driver is likely to be a liability', to which you responded 'show me a vehicle with no drivers' and you got a response saying 'this vehicle has 3 drivers' The strange reasoning is taking the the statement that said "just one driver could be a liability" and asking for vehicles with no drivers.
- rybosworld 6y agoNot to mention the person you are replying to edited their comment after the fact (possibly as I was replying). It originally said something to the effect of "show me a company without a CEO". Which I think is significant, as I took "A" to mean "singular".
- makapuf 6y agoLet me take away your keyboard and let's see how you fare at c++ or Javascript.
- 0-_-0 6y agoIf someone dies in you family you can still write a printf statement. Without a keyboard you can't. Bad analogy.
- 2OEH8eoCRo0 6y agoIsn't the assumption here that if they didn't provide any value then a death in their family shouldn't affect the company?
- CRConrad 6y agoSeems like an illogical assumption. What it shows is just that having a dysfunctional (again, quite understandable in this case!) CEO can subtract value, which is not the same as an ordinary one adding any. Maybe Tom Hanks's pal Mr Wilson would work just as well as all the other ones.
- koonsolo 6y agoI like the keyboard analogy, because you won't notice a good or great CEO, but will notice a bad one. The only thing that you didn't consider is in CEO or management world, most keyboards are broken, and only a few work decent enough to do proper programming. That's why they are so valuable.