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> Accounts of former Oracle employees paint a picture of a boss with an infectious energy, and a propensity to elevate his charges to incredible heights only to
by rauljara 12y ago
> Accounts of former Oracle employees paint a picture of a boss with an infectious energy, and a propensity to elevate his charges to incredible heights only to dump them later. As one journalist put it, “He’s like a juicer, he squeezes people dry and then discards them.”
> Ellison, who before the crash, was known to brag about playing tennis on company time, and was so seldom at the office that, when he was spotted, employees joked about “Elvis sightings,”
It sounds like he got good employees to run his company and then treated them like shit. It's the sort of behavior that can work well for a few ceo's if only a few of them do it. But if every ceo were to behave like that, the pool of experienced employees out there would be nothing but bitter, cynical dried up husks who had sworn to themselves never to get exploited like that again.
This isn't a fair comparison to Mr. Ellison, but imagine if you will, an article in praise of a mob boss. "Well, he was horrible and he murdered people, but he made a lot of money." And it's true, mob bosses can accumulate great wealth. But mob bosses can only thrive two conditions are met:
1) there are people who don't engage in those behaviors for them to exploit.
2) society doesn't fight back effectively against their bull shit.
So, no I don't think Ellison is the equivalent of a mobster. But I do wonder why so many people put up with that sort of bull shit.
- cma 12y agoMost shareholders of most companies are absentee landlords too; what's the difference other than ostenibly being CEO on top of owner?
- gjm11 12y agoThat is the difference. A CEO, unlike "most shareholders", is being paid to run the company. S/he is supposed to be an executive: one who executes: one who does things. A CEO who's never at the office is anomalous in a way that a shareholder who's never at the office isn't. (Quite separately from the Larry Ellison question, it's worth observing that working and being at the office are entirely different matters. A hard-working CEO might spend most of his or her time sat at home thinking deep strategic thoughts, or touring around potential investors or customers trying to understand and/or impress them, or something. So a CEO who's seldom at the office isn't necessarily slacking off. Again, I am not claiming that this observation has any particular applicability to Larry Ellison.)