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Maybe the CEO job is overrated

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krisi
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CEO
re: Maybe the CEO job is overrated
krisi   7/6/2011 11:49:21 PM
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It would be cool to have an experiment with two similar companies: one with expensive CEO, onether with a cheap one...and compare the results in 3 years time...too bad it can't be tried in real life ;-)...or perhaps someone can think of some examples? Kris

chanj0
User Rank
Manager
re: Maybe the CEO job is overrated
chanj0   7/1/2011 6:05:22 PM
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"...the right vision, experience, and track record..." are the key components of a CEO. Experience could either be life experience, better be industrial experience. Track record is another proof of his leadership skill. By seeing the success of Google and Facebook, I believe vision is far more important to bring a company to next level and to stay ahead of competitors. Yet, there is great vision and the vision has to align with Board of Directors and more importantly to the skills of the team.

Raghuraman
User Rank
Rookie
re: Maybe the CEO job is overrated
Raghuraman   6/27/2011 5:06:56 AM
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At the risk of 'making it political', George W Bush was the first US president to have an MBA credential in no less than Harvard :)) No matter, how a CEO is chosen, in these times, a new CEO of any company has to HIT THE GROUND RUNNING. Period.

BLinder
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Rookie
re: Maybe the CEO job is overrated
BLinder   6/22/2011 7:29:50 PM
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Interesting, but most companies hire CEOs for their network of associates to build additional market connection points. I remember there was an individual who would search out CEOs academic credentials and would find many had falsification or none at all. So we know academics is not the precursor to being a good CEO. Heck, look at the ranks of our politicians for example. So what does it take to be a good CEO, first and foremost is to be a trust worthy steward for the employees, second to be have integrity beyond just cashing in on stock options, and have a passion for leadership versus just ego power. Hmmm... difficult qualities for sure to find in this fast pace world.

Neo10
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Rookie
re: Maybe the CEO job is overrated
Neo10   6/21/2011 8:42:58 AM
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I guess they are looking for someone like Ottelini. They should get someone from semicon background but non-processor domain to get some lateral thinking into their strategies.

Raghuraman
User Rank
Rookie
re: Maybe the CEO job is overrated
Raghuraman   6/21/2011 4:09:08 AM
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Some companies believe in CEOs coming through the 'ranks' on the idea that (s)he has seen the ups and downs of the company before and would know how to deal with the same. Some believe in 'air-dropping' CEOs on the idea that (s)he will think out of the box with a fresh/new perspective. There is no truism on which is better. Finally CEO is all about DECISION-MAKING. Being conservative is easy and 'safe', but that will not help in times like now!

daleste
User Rank
CEO
re: Maybe the CEO job is overrated
daleste   6/21/2011 3:31:28 AM
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The CEO position needs to be someone highly regarded in the industry but also someone who is flambouyant and a little odd. It is easy to be conservative and run the company by the numbers, but if you find someone with that extra touch, the company can move forward faster than the competitors. Good luck, AMD.

Raghuraman
User Rank
Rookie
re: Maybe the CEO job is overrated
Raghuraman   6/21/2011 3:30:57 AM
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CEO job is not overrated, CEOs are overrated. Mostly companies rely on 'credentials' of a person and often take a conservative decision. Start-ups often take risks when they are starting and not once they make the first splash. So a college drop-out may start a company but if the company becomes 'big', they go to 'business school' tag to look for the CEO! Decision making and risk taking cannot be taught in colleges.

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