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I think it makes sense to appoint a CEO who can be dismissed or have their policies dismissed by a simple majority vote and who can be nominated and voted on by
by Shawnj2 3y ago
I think it makes sense to appoint a CEO who can be dismissed or have their policies dismissed by a simple majority vote and who can be nominated and voted on by anyone during an election. That would help resolve disputes where different sections of the company can’t come to an agreement or similar. As a check on their power, they report to the shareholders and can be voted out at any time and unpopular policies can be voted out without ejecting the CEO so the shareholders still have full power over the company but they don’t need to vote on every single day to day action and there is someone to do a coin flip or arbitrate if there’s a disagreement.
With that said if your company is large enough this is necessary it may be too large to be a co op
- olddustytrail 3y agoThe John Lewis Partnership is a workers cooperative and in 2022 had revenues of 10.84 billion GBP. What size do you think is "too large to be a co-op"?
- Shawnj2 3y agoThat’s pretty neat, I didn’t realize there were any that large.
- TFortunato 3y agoAlso Mondragon, with 12 Billion Eur revenue, and ~82,000 employees https://en.m.wikipedia.org/wiki/Mondragon_Corporation https://en.m.wikipedia.org/wiki/Mondragon_Corporation