How much did Carly Fiorina make at HP and was it worth it?

[mrstickball]

Mr Khan said:

mrstickball said:

I don't disagree. CEOs have become celebrities rather than businessmen, and therefore their abilities aren't as important as they once were. You can look at some CEO's like Gates, Forbes, Zuckerberg, Jobs and Ellison and know that they've made huge impacts in business, but it wasn't just as a CEO, but a worker, a programmer, a marketer, an inventor and many other hats. But sadly, these types of people get replaced by business hacks from other industries that may not understand the intrinsic nature of their market.

I agree 100% that businesses need to hire from within. Sadly, in America, many companies simply care about your credentials than your work ethic, successes in your industry, and the impact you make in your field. The reality is that in some cases, these crappy businesses and CEOs have paid the price of reckless hiring, but many more are still doing it, and getting away with it due to favorable regulations, subsidies, and the like. But eventually, everyone will pay the piper for poor business practices.

Iwata and his ilk as well, to make a tangental statement for a moment. Some have been calling for his head, but you're really not going to get anyone who views the industry like he does within Nintendo

And its a phenomenon you can see in other gaming companies too, where the programmers get replaced by the suits and then everything goes to pot.

Right. That is the business cycle. Its a continuous thing. Inventors and entreprenours build something to greatness, progress technology in theif field, retire, then someone else usually (not always the case, there are a few exeptions) runs the business into the ground. Although it is sad to see such things take place, there really is no way to avoid it. Of course, the government tries to regulate it and flatten the damage, but usually hurts other startups in the process. Imagine Henry Ford having to deal with the current regulatory structure involving factories and the many requirements of a road-legal vehicle today.