2 ms·
Given the average shelf life of S&P companies, I assume that even an established company needs to go through 0-to-1 all the time. The aforementioned companies a
by hintymad 2y ago
Given the average shelf life of S&P companies, I assume that even an established company needs to go through 0-to-1 all the time. The aforementioned companies all reinvented themselves multiple times.
> Revenue expectations, margins expectations, and investors are entirely different between the two.
Yeah, it's hard. How the great CEOs achieve their successes are beyond me. I was just thinking that a great CEO needs to drive product changes.
- alephnerd 2y ago> I assume that even an established company needs to go through 0-to-1 all the time Not significantly. Massive product and strategy pivots are rare because they can fail horribly (eg. For every turnaround like Apple there's a failure in execution like Yahoo) > How the great CEOs achieve their successes are beyond me Luck in most cases. I've worked with plenty of CEOs and in most cases, most people at the C-Suite and SVP level of large organizations are comparable to each other skills and intellect wise. Administration/mid-level management buy-in is also critical. C-Suite doesn't have much visibility into the lower levels of an organization (it's unrealistic), so management is their eyes and ears.