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View Diary: Mitt Romney is Right, We Do Need a Businessman’s Expertise in Running the Country (17 comments)

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  •  Or they become rich and powerful from who (7+ / 0-)

    they know and a lack of empathy allowing them to crush other humans on the way up the ladder.  Few CEOs have "super" analytical skills; most are just idiots who fail upward.

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    by The Dead Man on Sat Jun 02, 2012 at 05:28:15 AM PDT

    •  i don't hink you read past the first (0+ / 0-)

      sentence of my post

      •  I did, but the mythical competent CEO is so rare (2+ / 0-)
        Recommended by:
        enhydra lutris, Chi

        as to not even exist in the wild.  But it was a nice mental exercise in what should be.

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        by The Dead Man on Sat Jun 02, 2012 at 06:04:05 AM PDT

        [ Parent ]

        •  That's not true (3+ / 0-)

          I'm sure there are many of them, possibly even the majority - in numbers, if not in size of the corporation.

          But it's not particularly glamorous to just run a business ethically. And it's not obscenely lucrative. So you wouldn't read about them much.

          I suspect that if small and medium-sized businesses were run as businesses like JP Morgan Chase and AIG have been, there would be hardly any businesses in this country at all.

          •  The difference (0+ / 0-)

            Is when a small or mid sized business makes a mistake there are consequences and potentially failure. They are by definition not too big to fail, and many do.

            I had the chance to see how many, honestly thousands, handled advertising contracts. There are many that are ordinary, fallible people.  They make good decisions, they make bad ones too.

            If they can learn, adapt, and grow they survive. These are the ones Angela mentions, and we need more of them. If not, they dissolve, reform, and try again. Not necessarily successful, but still around. The recession was doubly hard on the latter group, they tended to go first, because they seemed to always be on the edge.

            There is as much honest effort and virtue out there, is there is a desire to game the system and cheat it. Legally, of course.

            When I was gaming it was called Min/Maxing and it tended to attract similar personality types...

    •  The Dead Man - "they are just idiots" (0+ / 0-)

      How many CEOs have you personally known well enough to make the judgement that "most of them are just idiots who fall upward"? I have met hundreds of CEOs of companies large and small and have had the chance to get to know many of them well enough to make a judgement about their skills. I have never met a Fortune 500 CEO who was an idiot, the ones I have met are all very smart and remarkably talented. I have met some smaller company CEOs who I thought didn't have the skills to be an effective CEO, but I have yet to meet a single "idiot".

      "let's talk about that"

      by VClib on Sat Jun 02, 2012 at 08:00:37 AM PDT

      [ Parent ]

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