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One wonders. If they did a search of the Seattle metropolitan area, how many candidates would they find that would have the chops to do, just as good, if not a
by dauertewigkeit 2y ago
One wonders. If they did a search of the Seattle metropolitan area, how many candidates would they find that would have the chops to do, just as good, if not a better job than this one CEO?
I understand why you cannot just pick a random person to be a CEO. But in theory, there are probably many people who have the leadership skills and industry insight to be really good CEOs of Starbucks, and probably for a much cheaper compensation package. It's just the bureaucracy of having to somehow justify the selection of a CEO to the board, forces the company to select from a tiny pool of CEOs many of them with a checkered record. One of the many ridiculous things that we do as a society.
- notimetorelax 2y agoDon’t discount the opportunity cost. Starbucks might have lost many times more if they delayed the CEO change. The new guy saved Chipotle so he’s a very good bet.
- I-M-S 2y agoCan you recommend a good writeup how he saved Chipotle?
- deleted 2y ago[deleted]
- alephnerd 2y agoPushing and Enhancing the Loyalth Program: https://www.pwc.com/us/en/library/case-studies/chipotle.html https://www.pwc.com/us/en/library/case-studies/chipotle.html Revamping their Digital Marketing: https://www.pwc.com/us/en/library/case-studies/chipotle-digital-personalization-at-scale.html https://www.pwc.com/us/en/library/case-studies/chipotle-digi... Hard to find third party sources on how he revamped logistics after the Salmonella and E Coli scandals
- wkat4242 2y ago> One wonders. If they did a search of the Seattle metropolitan area, how many candidates would they find that would have the chops to do, just as good, if not a better job than this one CEO? The thing with CEOs is that you don't really buy performance. A lot of them are actually not very good at their job. But you buy their old boys network.