He calls the shots and ultimately the buck stops with him.
I wish actually large corporations still worked like this. I never buy these “Oh but that happened below me”-excuses from CEOs. Yeah, you didn’t personally order anybody to do this. But you hired the people who did. Or you created the business atmosphere in which your managers instructed their HR people to hire the people who did. Ultimately, you’re the CEO, you should own the mistakes.
Because on the level of LTT, yeah, we’re all intuitively aware of this. He’s Linus, he is ultimately responsible no matter whether he did it personally or not.
There’s a difference with large corps, though - decisions get mired in committees and delegation, and it gets hard to see what’s actually happening a couple of org levels away. I don’t have any problem accepting that Tim Cook has no idea how badly run any specific Apple Store might be. LMG may technically be a corporation, but 120 people isn’t large. LMG functions like a sole proprietorship - the big boss is in the building with all his minions, probably lays eyes on most of them weekly if not daily, and sets culture by example.
I wish actually large corporations still worked like this. I never buy these “Oh but that happened below me”-excuses from CEOs. Yeah, you didn’t personally order anybody to do this. But you hired the people who did. Or you created the business atmosphere in which your managers instructed their HR people to hire the people who did. Ultimately, you’re the CEO, you should own the mistakes.
Because on the level of LTT, yeah, we’re all intuitively aware of this. He’s Linus, he is ultimately responsible no matter whether he did it personally or not.
There’s a difference with large corps, though - decisions get mired in committees and delegation, and it gets hard to see what’s actually happening a couple of org levels away. I don’t have any problem accepting that Tim Cook has no idea how badly run any specific Apple Store might be. LMG may technically be a corporation, but 120 people isn’t large. LMG functions like a sole proprietorship - the big boss is in the building with all his minions, probably lays eyes on most of them weekly if not daily, and sets culture by example.