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> No. CEOs are responsible for strategy, policy, and organisation. I doubt that. In larger companies - the ones that actually have a CEO and not just a very ha
by esarbe 5y ago
> No. CEOs are responsible for strategy, policy, and organisation.
I doubt that. In larger companies - the ones that actually have a CEO and not just a very hard working company owner - CEOs are usually pretty much isolated from any strategy, policy or organisation. For that they have upper management.
> One CEO
alone can do shit. A successful company needs competent workers, the right ideas from engineers and artists, diligent bureaucrats and most of all; a hell a lot of luck.
Given all that, even a company with a mediocre CEO can be vastly successful.
CEOs are mostly there for the handshakes and because they know people that know people. That's about it.
- Sevastopol 5y agoCEOs are very involved in strategy, especially when a company is going through a transition. A CEO that can properly navigate the business world through 'handshakes' is important too. Boards pay them lots for a reason. A good CEO is much harder to replace than a few engineers.