4 ms·
> So Apple is not the best example if you're trying to show "CEOs don't matter." I wasn't try to show that they don't matter, but that they are replaceable. An
by throw0101b 3y ago
> So Apple is not the best example if you're trying to show "CEOs don't matter."
I wasn't try to show that they don't matter, but that they are replaceable. And few companies need to have "the greatest mind in Operations that history has ever known" to function well.
Does Eli Lilly, Unitedheath, Johnson & Johnson, Procter & Gamble, Home Depot, Pepsico, Walmart, Coca Cola, Accenture, Intuit, Caterpillar, Lowes, Nike?
* https://www.slickcharts.com/sp500 https://www.slickcharts.com/sp500
* https://en.wikipedia.org/wiki/List_of_S%26P_500_companies https://en.wikipedia.org/wiki/List_of_S%26P_500_companies
Heaven knows that the last few CEOs of Boeing mattered as they have completely screwed the pooch and basically wrecked that company—all the while making a whole lot of money.
- turnsout 3y agoSo CEOs can definitely wreck a company, but they’re all interchangeable? Not sure I follow. Everyone is replaceable, but some people are simply better suited for their role than others.
- kortilla 3y agoYour definition of “replaceable” is so loose to be meaningless. Yes, any person can be appointed to the CEO position when another leaves. No, it is not easy to appoint one that will steer the company to greater success than the previous one.