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Well that's actually much easier. CEOs are paid, by shareholders, for the return on investment they generate for said shareholders. The quality of their work is
by denkmoon 4y ago
Well that's actually much easier. CEOs are paid, by shareholders, for the return on investment they generate for said shareholders. The quality of their work is judged by the return on investment generated every 3 months.
- solardev 4y agoAnd why does the CEO get the credit for that?
- denkmoon 4y ago1. because that's how we've decided businesses work. 2. because the buck stops with the CEO. They are (ostensibly) responsible for the output/productivity of the entire organisation. How they achieve that is mostly irrelevant, in the same way that our managers don't really understand what we do, so it goes for shareholders.
- solardev 4y agoSo maybe we can get rid of them and deliver even more value to shareholders?
- deleted 4y ago[deleted]