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Huawei does this, I think every 18 months they change CEO among the leadership team.
by rogerkirkness 4y ago
Huawei does this, I think every 18 months they change CEO among the leadership team.
- granshaw 4y agoSuper interesting. Def think there’s lots of room for experimentation in corporate governance and corporation structure
- 3a2d29 4y agoObviously not corporate, but I believe Rome had 1 year term limits for its 2 consuls.
- Scoundreller 4y agoFounder’s daughter has been CFO for over 10 years though
- JamesianP 4y agoI understand they also don't get compensated much, relatively speaking. I think it fits with an Asian approach to business where companies are big conglomerates with much more cautious leadership (and therefore less expectation from them). At least historically.
- zac_hudson 4y agoHuawei has a very unusual leadership/ownership structure, even amongst its peers in the tech industry. Legally, its a worker-owned cooperative, but unlike most cooperatives, its workers don't directly vote on policy; rather they choose 51 shareholder representatives and 9 alternate representatives, who in turn select a politburo, which in turn selects a CEO from the standing committee.
- taberiand 4y agoSounds great, what's the catch?