Comment by defrost

Comment by defrost 3 days ago

There are many reasons to deny a CEO ... in a good company structure such denials are circled back around to the board for review.

Case in point: Allowing a CEO with no flight training to "have the keys" to the company <rare, expensive, uniquely outfitted, airframe> because they want to take it for a spin.

Sheparding Royalty in Monarchies has been a neccessary, delicate, loaded, and life threatening role for centuries.

Being a C-suite Groom of the Stool isn't a happy job, but somebody has to do it.

kulahan 3 days ago

I guess, but it’s his plane in a sense. If he wants to fly it and destroy the company, it’s his call. You just give the advice.

To be clear, I’m referring much more to CEO/owners - maybe more like Zuck than Bezos

Reply View 4 replies

defrost 3 days ago

No, it isn't - it's an asset owned by the company and shareholders - a CEO is an appointed or elected officer.
> To be clear, I’m referring much more to CEO/owners
Owners are what you are talking about. CEO / Owners are Owners and can act like owners.
That said, even owners need to be herded like cats when they are making bad decisions that impact tens of thousands of people on the basis of hubris and feels.
Somebody has to toss them shiny keys until the moment passes and they can make rational choices again.

Reply View | 0 replies
avs733 3 days ago

The question isn’t whether they want it is whether they have a business need, as with any employee.
The CEO of vocal cola has no business need to know the secret formula. Giving it to him has no upside only downside, so you don’t.

Reply View | 2 replies
- kulahan a day ago
  
  So who gets the formula? A chemist with no vested interest? I have no clue why a CEO would be untrustworthy when any other employer wouldn’t be.
  
  Reply View | 1 reply
  
  avs733 21 hours ago
  
  Whoever needs to to do their job. And you put in security controls (e.g. part A and part B). Also compensate your people well and don’t publicize who they are.
  Semiconductor does this all the time…engineers on team A know only about their process critical gate materials step. Engineers on team B know about their lithography step. They are trained not to disclose and people respect that.
  
  Reply View | 0 replies