Comment by nine_zeros
12 days ago
> More companies need to learn to treat their employees like an asset instead of a liability. Executives are far less valuable than the boots on the ground actually running the businesses. Take care of those people and they will take care of you.
Hey hey, think about the poor executive. Toil and grind until they lay you off. That 3rd yacht isn't going to buy itself.
To be fair, the job of executive and especially CEO is extremely demanding because evaluating executive performance is nearly impossible. To say nothing of legal liability and popular opprobrium.
Any random event can sink a company, and the CEO will be blamed for not foreseeing and preparing for it. Good times can carry your company along even if their policies suck. Bad times can kill a great company with great leadership. Which means bad CEOs can sometimes go for years without the feedback they need to get better, and great CEOs will never get the recognition they deserve.
Some measures of good leadership are concrete and measurable, but lots are very abstract and only manifest over years and decades. So if a CEO does a great job at these, the profits might only show up for their successor, or even their successor.
I'd only do that job for a ton of money.