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The CEO Crisis

Its been open season on CEOs lately but when luminaries like management god Peter Drucker start taking aim at top managers you know something real and serious is taking place. Heres what Herr Doctor Drucker had to say about todays CEO in the January 12, 2004 issue of Fortune Magazine, the compensation inflation for CEOs has done very real damage to the concept of the management team. In an executi......

Full article >>> sector in which you operate for example, accounts for 19%. That means just showing up in the marketplace has a greater impact on performance than the average person in charge.

Shouldnt CEOs be expected to deliver far more than a paltry 14% of the firms performance given their huge compensation? Or if you believe business is a team sport as I do, wouldnt it be fairer for CEOs to have the......

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Source:wistechnology.com By Tony DiRomualdo 02/04/04


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