Tuesday, November 6, 2007

The flip side of being CEO

The CEOs of Merrill Lynch and Citigroup have been asked to leave over the past one week when the sub prime debacle blow up in their face.

It is interesting to note that many deemed that CEOs are being paid way too much relative to the ordinary worker, but when they are asked to leave suddenly, there are little mention of the simple theorem of "high risk, high returns"

Also, at the end of the day, only a selected few can perform effectively at a CEO level of major corporations. A great CEO can significantly add value to any company, especially by hiring and retaining the right talents for the right position at the right time....