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Yes. They do this in a lot of ways. - Connections: industry, hires, investors - Investing themselves into the company (bringing capital to help you grow) - D
by odonnellryan 5y ago
Yes. They do this in a lot of ways.
- Connections: industry, hires, investors
- Investing themselves into the company (bringing capital to help you grow)
- Domain specific knowledge. Hopefully they know the industry better than anyone.
- Management. Do not underestimate how far good management can go. It can really be a productivity multiplier - but the other way is true, too. If you have bad management, you're going to kill productivity.
- mbrodersen 5y agoI would love to see an experiment where a single CEO competes with a group of 100 experienced software engineers, sales people, product managers etc. I have a feeling that close to no CEO would win that one.
- istinetz 5y agoThis is uncharitable, the parent comment explicitly said CEOs are a power multiplier. Using your parallel, I think it'd be more fair to compare > CEO + 300 software engineers, sales people, product managers > 400 software engineers, sales people, product managers in a flat structure I tend to think that the former would be more efficient, because otherwise we would be seeing at least some organizations of the latter type outcompeting the former on the free market. We don't, with 1-2 exceptions.