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"it is indeed possible for mutineers to take control..of a ... firm." I think it's important to make a distinction between the typical infighting of corporate
by ghshephard 14y ago
"it is indeed possible for mutineers to take control..of a ... firm."
I think it's important to make a distinction between the typical infighting of corporate politics, in which one organization (or leader) wins out over another, resulting in a round of layoffs and re-orgs where one of the leaders comes out on top, and a mutiny, in which those subordinate to an ultimate leader of a firm (CEO) take control.
In the scenario of a mutiny on a ship, this is done by force. In the scenario of the modern public corporation, the CEO is subordinate to the board of directors, and I'm struggling to come up with an example in which the subordinates of a CEO displaced that CEO. Certainly not by force, and almost never by doing an end-run around the CEO to the Board of Directors, except in the case of fraud/violations of corporate policy - which I don't really consider a Mutiny, but more of a reporting of violations to the Board of Directors, in which the Board makes a decision.
I agree with the parent - It really is very, very rare (still trying to think of an example) in which anything more than a departmental mutiny takes place. The CEO's job is usually quite secure (until the Board decides otherwise) - it is much more often the case that those individuals simply leave and go form their own venture (The traitorous eight)