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.