Comment by wkat4242

Everyone's acting like a competent CEO is some kind of rocket scientist unicorn.

In reality they don't do all that much. And most of the decisions are driven by data and advice from Gartner that just recommend the highest bidder, not some magical insights.

After all the CEO works for the board which is made up of shareholder representatives. They have very little industry knowledge and they just want the company to jump on the latest hype and "industry practices". They're usually very risk-averse.

So the CEO is kinda tied by what's happening in the industry anyway. The only CEOs that are capable of breaking that are the ultra confident ones like Jobs or Musk.