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I don't see anything much that's non-obvious here. - Go small to go big = It's easier to be CEO in a smaller company. Kind of obvious. - Inherit a Big Mess =
by gyulai 5y ago
I don't see anything much that's non-obvious here.
- Go small to go big = It's easier to be CEO in a smaller company. Kind of obvious.
- Inherit a Big Mess = It's easier to be CEO in a situation where nobody wants to be CEO. Kind of obvious, too.
- Make a big leap = Take risky bets, in which case you're not represented in the sample of CEOs when they don't play out.
- shapefrog 5y agoThe non-obvious thing was that the author walks blindly into every single survivorship bias there is and then draws a definitive conclusion based on them.
- WouterZ 5y agoMy thinking as well... They reverse engineer CEO's trackrecords... Good thing all these CEO's are blissfully unaware of their relative luck and build upon their own ability to fix anything.
- atq2119 5y agoNothing is ever non-obvious in hindsight in the social sciences ;) That said, I like that one way this can be read is that being a C-level executive is typically not about some inherent skill or talent. Instead, people simply grow into the role when given (and taking) the chance. This has implications on what a just level of compensation would be.
- tomp 5y agoYou're misinterpreting the article. The "go small to go big" thing isn't about being a CEO of a small company. It's about taking over a small project, growing it successfully, then using that experience & reference to launch yourself into the CEO position of a large company.