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No, the worst CEOs are the ones who turned companies with huge potential into companies that no one has heard anything interesting from in a while. You know, li
by Udo 15y ago
No, the worst CEOs are the ones who turned companies with huge potential into companies that no one has heard anything interesting from in a while. You know, like the guys listed in the article.
As CEOs go, it's not a failure until you lost big and you're not exceptionally bad without having made some really mindbogglingly stupid decisions. A nobody CEO in some garage running his insignificant ragtag shop into the ground just isn't the same as someone who gets handed the reins of a huge empire with endless opportunities and then manages to utterly kill it. This requires not only incompetence but also a very active role and great creativity in the destruction of something that had been great once.