Business CEO's and business practices in general

[glenwolde]

I'll just say that I think it's completely different being the CEO of a small company and being the CEO of a company with $60 Billion in annual revenue and 144,000 employees worldwide. There's just a whole lot more noise. The CEO can't be involved in every little detail in an operation that size. But regardless, it's his responsibility.

What we have here is a failure to communicate.

 

[BLACKHAWKNJ]

i have an MBA, biggest problem with too many MBA programs is they have become too quantification oriented, trying to turn it into hard science. The note economist Lester Thurow noted that to be accepted as an economist today requires dazzling virtuosity in math but relying on assumptions that make the math work but fly in the face of reality.
One of my professors told me to stay away from the banks, 40 years he noted they sneer at MBAs but
banking had become very much a seat of the pants operation, people take every shortcut they can and let their egos get in the way. And are not as smart as they think they are.
50 years ago a savvy Wall Street lawyer told me the dark ugly secret of American capitalism is the many companies are run for the benefit of their top officers-often the top officer.