They could save millions by that move

  • One2many
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    5 hours ago

    CEOs do less for a company than the average worker. A company can run for a long time without a CEO, but get rid of your finance team, IT team, production team, or customer service team (all of which are much cheaper than a single CEO) and see how long your company lasts.

    • billwashere
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      4 hours ago

      My theory is short term decisions are generally made much further down the decision hierarchy and the CEOs main job SHOULD be more long term vision and planning. Most companies, except for a few, make decisions based on what makes them the most money in the shortest term so in effect the CEO doesn’t do shit and likely could be replaced by an AI. I wouldn’t be surprised to find most CEOs at this point are just highly paid proxies asking AI what to do.

      • rumba@lemmy.zip
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        4 hours ago

        There are companies that work that way. In my experience, they either meddle in lower-level affairs themselves or command their department heads to do so on their behalf.

        Part of that I AM THE VISION is super easy to corrupt into WHY ARE YOU SO SHORT SIGHTED IN THE DAY-TO-DAY

        My last couple CEO’s have been S tier. They went out, brought in the investors, distributed the money downhill reasonably well.

        I’ve worked with plenty who couldn’t keep their dicks out of the company minutiae, metaphorically or physically.