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The value of a CEO is in the soft value that they produce. Be it within the organization as a leader, or externally when dealing with gov't or a counterparty. I
by zaychikk 5y ago
The value of a CEO is in the soft value that they produce. Be it within the organization as a leader, or externally when dealing with gov't or a counterparty. In the best case, this soft value is translated into hard value for the shareholders, when someone like Tim Apple does what he's done for the past ten years.
If you consider an outlier like Elon Musk, the reason many CEOs can't be automated is even clearer: his cult of personality has added at least $100B to TSLA's market cap alone, and I say that while thinking that he's generally a pretty bad leader.