Harsh CEO Criticism from Industry Week

IndustryWeek : Brandt On Leadership — Invasion Of The Profit Snatchers:

John Brandt writes “What being a CEO does mean is taking care of No. 1. Greed is good (again). And running a company is less important than running a scam that benefits you and yours.”

Washington Post Article (coming) ||| USA Today Article (and going)

Harsh commentary — but think of the message that it sends to the shopfloor and the “doers” (sorry, old terminology…. I mean “doers and thinkers and continuous improvers”). It's hard not to reach a conclusion that the rotating CEO's of the Fortune 500 aren't solely looking out for the best interest of their companies. You get a huge payment when you walk in, and an even bigger payout if you are fired (ala Carly Fiorina). I guess they're not thinking of the shopfloor, or I'd wonder how they sleep soundly at night. Comments? Click the link right below this.

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• About
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Mark Graban

Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus.

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