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Agreed. Another way to justify this behavior is that "pessimists don't get promoted" So you're either a growth CEO or a restructuring CEO. Wall Street has no interest in administrator CEOs.


CEOs are definitely something we should reconsider in this day and age. There's something about the kind of fiefdom that they command that I don't really know the term for it - immoral? Unnatural?


Effective is the word you are looking for.

Despite occasional anecdotal examples of incompetence, companies with them perform better than companies who lead by comittie.


There is the king of Norway and there is the king of Saudi Arabia. Both are kings.


You've made me curiously now if there are any like democratic companies.


It's not just companies; almost no organisation is democratic. And this makes sense: how would I as a person leading a team making a bit of software understand all the information required to make top-level business decisions? That's more than a full time job.


Ben & Jerry’s has a very unique origin story. Very Vermont and Bernie Sanders was the governor during part of the wild growth.

When they IPOed the first stock offering were made available exclusively for vermont residents.

I think there is a lot more freedom in the corporate world but very little original thought.




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