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by esarbe 1696 days ago
In all the companies I've worked at, never has a CEO made a decision that made a company successful. The best thing a CEO can do when it comes to decisions that make a company successful is one thing; recognize good ideas and get the hell out of the way of the people implementing that decision.

That's what incompetent CEOs usually do; they get in the way of competent people doing a heck of a job.

Good CEOs know that they are figureheads and try to stay out of the crucial decision making, handing off responsibilities to people that actually know what they are doing.

1 comments

> In all the companies I've worked at, never has a CEO made a decision that made a company successful.

Hasn't been the case for me. Even if they didn't come up with, say, a market strategy, they're important in executing it. They lead rather than getting the hell out of the way.

>Good CEOs know that they are figureheads and try to stay out of the crucial decision making, handing off responsibilities to people that actually know what they are doing.

A good CEO makes critical decisions. Handing off responsibilities if they know their limits is indeed part of being a good CEO.