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I don't know Riccitiello but honeslty I've done this myself (not a CEO). Bascially I beleive I (we) can do something and stated so and within 2 weeks my info /
by gernb 4y ago
I don't know Riccitiello but honeslty I've done this myself (not a CEO). Bascially I beleive I (we) can do something and stated so and within 2 weeks my info / situation changed and I we can no longer do that something.
To put it another way, the CEO or founder is often the most optimistic person. Imagine a single founder, they want to believe they'll pull through, get that funding, find the customers, whatever it is that keeps things going up. People will claim a CEO has to be different but I personally think it's human nature for most people to hope/wish/desire/see the best outcome.
Unless there is some smoking gun email that says "I'm going to tell them we'll be fine but actually I'm going to layoff a bunch in 2 weeks", my gut says the CEO beleived what he said when he said it.
- tedivm 4y agoThis is basically just saying that CEOs are allowed to lie because they're also lying to themselves at the same time, but honestly I think that goes back to the incompetence thing. Two weeks between "no layoffs, we're doing great!" to "yup, we're laying people off" means that the CEO had to be optimistic to the point of delusion (or incompetent, as I said).
- jjav 4y ago> This is basically just saying that CEOs are allowed to lie because they're also lying to themselves at the same time, but honestly I think that goes back to the incompetence thing. To be fair, there are times when they layoffs are imminent but the CEO keeps optimism up and sometimes the customer/funding does show up and the money doesn't run out. You typically don't hear about these ones (or only years later).