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Yes, yes, and yes. Owner, Founder, maybe President, but CxO just looks ridiculous. Way too many one-person company CEOs out there. I believe this title grab be
by OldSchool 13y ago
Yes, yes, and yes. Owner, Founder, maybe President, but CxO just looks ridiculous. Way too many one-person company CEOs out there. I believe this title grab began when CEOs started getting skewered in the media for being overpaid. End result, lots of free titles self-dubbed. I suppose that had the positive effect of lowering -average- CEO pay everywhere :)
- mhurron 13y agoCXO titles in any small business look ridiculous. I worked at a small company where the 'IT Manager' over 3 people (developer, junior developer, system administrator) called himself the CIO. Why? So he could demand a salary that (along with the owner/CEO, the accountant/CFO and floor manager/COO) crippled the company and so it would look better when he moved on. Of course, now that he was a CXO level, he just sat on his ass, drank coffee and made promises to the company owner that everyone else had to make happen, so he looked good. CXO positions being grabbed at small companies is a sign of a group of dysfunctional, self-congratulating morons looking to ride this to other places willing to pay them even more to be called CXO.
- nasalgoat 13y agoOne reason for grabing a C-level title early on is to avoid someone else getting it later as the business grows. Often, if there's no CTO for example, they might be tempted to hire a more senior person in that role. But if it's taken, well...
- mhurron 13y agoAnd when the person who was there to grab it isn't qualified for the position? Just because you were there early doesn't mean you're the best person for the job. CXO titles at small companies are a sign of bad things.