4 ms·
Well one of the problems is that you're often hiring a CxO to bring characteristics of a bigger company to your smaller company as it grows. For example, if you
by spoonjim 4y ago
Well one of the problems is that you're often hiring a CxO to bring characteristics of a bigger company to your smaller company as it grows. For example, if you have a haphazardly grown sales team doing about $10 million in revenue, you might want to bring in someone who has been a Director in a $100m sales org to be your Chief Revenue Officer to bring some of the sales force management and compensation practices that you need to develop as your sales team gets bigger. There's nobody in your organization who really knows that.