4 ms·

You seem to assume a good CEO equals a successful company, and a good CEO also needs to have industry experience. I don't know if either of those are actually

You seem to assume a good CEO equals a successful company, and a good CEO also needs to have industry experience. I don't know if either of those are actually true, there are plenty of good CEOs who came from zero experience in the industry. And plenty of bad CEOs who came from plenty of experience in the industry. Both of these run successful and not successful companies. For example the currently Boeing CEO does not have experience in airplanes, came from a business background. And is considered a bad CEO by the average person (though considered a good CEO by stockholders, or at least was before the past few months).

notatoad 2y ago
>You seem to assume a good CEO equals a successful company the only assumption i see is the counter to that - a bad CEO equals an unsuccessful company. and i don't think that's a very controversial assumption.
- dubcanada 2y ago
  > And the new CEO (David Limp) used to be in charge of Kindles. Seems to imply there is an issue with a CEO of a space company previously working on Kindles. > Bezos had the former Honeywell CEO in charge of Blue Origin, which to me was such an odd choice Also seems to imply the CEO is bad because their previously only worked at Honeywell on thermostats. In my mind none of the above has anything to do with how good or bad a CEO is. Perhaps I am misreading it. In which case ignore me.
  - resolutebat 2y ago
    All things being equal, you'd want a CEO who understands the business, either by coming up through the ranks or a long career at another company in the same business.
    - AtlasBarfed 2y ago
      Which is basically Gwynne Shotwell, if I read her bio correctly.
  - bigjimmyk3 2y ago
    Honeywell is also an aerospace company: https://aerospace.honeywell.com/ https://aerospace.honeywell.com/
- gibolt 2y ago
  A bad CEO can look great on paper and in the stock price. The product however will likely not keep pace, charging more for a product providing less value. Long term value, employee satisfaction, and customer satisfaction are all intertwined. New management is more likely than not to harm at least one of those 3 .
cletus 2y ago
I reject the notion that a good manager can manage anything. I also reject the financialization of modern companies where we put accountants in charge who aren't subject-matter experts whose only playbook is to cut costs and jack up prices. It's exactly what's wrong with Boeing today. Obligatory Steve Jobs quotes on "idea people" [1] and Xerox [2]. [1]: https://www.youtube.com/watch?v=Qdplq4cj76I https://www.youtube.com/watch?v=Qdplq4cj76I [2]: https://www.youtube.com/watch?v=NlBjNmXvqIM&t=2s https://www.youtube.com/watch?v=NlBjNmXvqIM&t=2s

notatoad 2y ago

>You seem to assume a good CEO equals a successful company the only assumption i see is the counter to that - a bad CEO equals an unsuccessful company. and i don't think that's a very controversial assumption.

dubcanada 2y ago
> And the new CEO (David Limp) used to be in charge of Kindles. Seems to imply there is an issue with a CEO of a space company previously working on Kindles. > Bezos had the former Honeywell CEO in charge of Blue Origin, which to me was such an odd choice Also seems to imply the CEO is bad because their previously only worked at Honeywell on thermostats. In my mind none of the above has anything to do with how good or bad a CEO is. Perhaps I am misreading it. In which case ignore me.
- resolutebat 2y ago
  All things being equal, you'd want a CEO who understands the business, either by coming up through the ranks or a long career at another company in the same business.
  - AtlasBarfed 2y ago
    Which is basically Gwynne Shotwell, if I read her bio correctly.
- bigjimmyk3 2y ago
  Honeywell is also an aerospace company: https://aerospace.honeywell.com/ https://aerospace.honeywell.com/
gibolt 2y ago
A bad CEO can look great on paper and in the stock price. The product however will likely not keep pace, charging more for a product providing less value. Long term value, employee satisfaction, and customer satisfaction are all intertwined. New management is more likely than not to harm at least one of those 3 .

cletus 2y ago

I reject the notion that a good manager can manage anything. I also reject the financialization of modern companies where we put accountants in charge who aren't subject-matter experts whose only playbook is to cut costs and jack up prices. It's exactly what's wrong with Boeing today. Obligatory Steve Jobs quotes on "idea people" [1] and Xerox [2]. [1]: https://www.youtube.com/watch?v=Qdplq4cj76I https://www.youtube.com/watch?v=Qdplq4cj76I [2]: https://www.youtube.com/watch?v=NlBjNmXvqIM&t=2s https://www.youtube.com/watch?v=NlBjNmXvqIM&t=2s