| Kasz216 said: C) Except it's a lot harder to be a CEO then it is to be a worker. It's hard as hell to find a good CEO to the point where you can make a bunch of money on the pretext of being good... while as you said... there are more then enough workers. Either here or another country. The problem has nothing to do with the rich, and everything to do with labor being so cheap. Back in the day, quality intellegent america labor was worth a LOT, now it isn't. Why? It ain't got nothing to do with companies... it's got everything to do with consumers. Nobody wants to pay a premium for quality labor and quality products anymore. Everyone would rather by the cheap Wal-mart style brands... or when they do buy expensive brands in stuff like shoes, it's for the look, not the quality. We're moving from a Labor intensive value market to an info/knowlege intensive market. |
CEOs get lucky to a certain degree, based upon a decent number of factors they have little to no control over. They also have a board they do have to answer to, and unless you have a cult of personality around you, the way Jobs did, you end up playing politics and the decisions the company makes comes out of the collective decision making of the board. This decent number of factors they have little to no control over will cause a CEO to be seen as a darling one time, then a few years later, end up being seen as a goat. Carly F of HP went from hero to goat in a few years, because decisions she made happened to not pan out, although they seemed to be smart at the time.
On the later point, in an information based economy everything scales to a very large degree. The internet makes it so either it is feast or famine.
