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Thanks for the thoughtful reply. Let’s suppose CEOs would all sign onto such a pledge, that all RIFs would clean out the whole C-suite, or CEO, whatever. Do yo
by xp84 3y ago
Thanks for the thoughtful reply.
Let’s suppose CEOs would all sign onto such a pledge, that all RIFs would clean out the whole C-suite, or CEO, whatever. Do you think it might also dramatically limit the upside, though, if a CEO knew they could only hire enough staff that they could only wait to shrink by attrition if a bet didn’t pan out.
I guess I see the role of a CEO as making bets. I’m not saying necessarily “risky bets” but if you have to guarantee never having a layoff, I think you’ll be very conservative. There are businesses that work sort of like that (It’s a little funny that we are discussing Sony, because if I understand correctly traditional Japanese business culture was a lot like that).
If someone wants pretty-much guaranteed steady work at the trade off of not a great deal of growth potential or possible equity, I’d recommend they don’t work in tech. Government work, utilities, etc. are far better suited for that kind of risk/reward preference.