175
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Oct 2024
175 points (100.0% liked)
politics
19132 readers
3569 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
I’ve worked under 9 CEOs at companies from very small to very large multinational. Of those, a grand total of TWO worked their way up; the rest all had business degrees and buddy connections and no actual experience working FOR a company. Most were hired via the buddy network because of their history of navigating stock exchanges.
Bezos is a great example of a CEO.
Sold books out of his garage, became one of the richest people on earth.
Yes he worked hard to make his business grow, and took risks. But if that's all it took to become a billionaire, most entrepreneurs would be billionaires. Nobody risks their life savings to start a business and doesn't work hard.
CEOs are not smarter, harder working, or more qualified in any way than your average employee. It's luck of the draw.
I think of CEOs as being like music or sports superstars: they need to be good at what they do AND be in the right place at the right time. And just like those other categories, “good at what they do” doesn’t always mean quite what you may think it should.
That's pretty much it. As an engineer, I find the state of affairs demoralizing.
Worth noting that the two CEOs who worked their way up were engineers. One was an EE who had absolutely no business acumen and so we made great products but tanked the company, and the other was a software engineer who also had a business degree and CTO experience and did a pretty good job overall.
The qualities that make one a good worker do not make for a good CEO. A good worker thinks the best way to make money is to produce better quality product or produce it more efficiently.
A good CEO thinks the best way to make money is to lay off quality control and use their salaries to buy up company stock to increase the stock price for shareholders knowing the increase is instantaneous while the problems caused by not having quality control anymore won't be realized for months if not years. Even better if they can force employees who didn't do quality control to now be responsible for it, on top of their regular duties, while receiving no additional pay.
This guy CEO’s.