And of course, this applies to CEOs too. What is a CEO to do when they realize that they are worse than average? What can you do about this as CTO or another part of the team? Sadly, the only option appears to be to quit.
If your boss is a weak performer, your options are to transfer, quit, or organize a coup. The third option is very risky, and doesn't work often outside of investment banks. If your boss is a weak performing CEO, then transfering is taken away.
I'll add a question though... "What makes you think you know your boss's job enough to judge their performance?" This isn't aimed at you, but people in general. As a manager of managers, I've seen people 2 levels below think that their failing manager was outstanding. The reality is they didn't see the things that were important in that manager's job. (This goes for the CEO valuing the CTO)
Understanding other people's performance is very difficult.
I'll add a question though... "What makes you think you know your boss's job enough to judge their performance?" This isn't aimed at you, but people in general. As a manager of managers, I've seen people 2 levels below think that their failing manager was outstanding. The reality is they didn't see the things that were important in that manager's job. (This goes for the CEO valuing the CTO)
Understanding other people's performance is very difficult.