I honestly don’t understand why “shareholder value” has not already demanded something like this, given how formulaic most “leadership” actually is.
I think I know the reason, and the entire narrative is mostly bullshit, and instead the wealth that companies generate is set up to be extracted by a very, very few and they sit on each others’ boards and set up their own compensation, etc…
Well the CEO is typically also a large shareholder. They are compensated with shares in addition to salaries. The idea is that they will ensure shareholder value because it also increases their pay.
Not saying I like it, just explaining why they hurt CEOs
I honestly don’t understand why “shareholder value” has not already demanded something like this, given how formulaic most “leadership” actually is.
I think I know the reason, and the entire narrative is mostly bullshit, and instead the wealth that companies generate is set up to be extracted by a very, very few and they sit on each others’ boards and set up their own compensation, etc…
Well the CEO is typically also a large shareholder. They are compensated with shares in addition to salaries. The idea is that they will ensure shareholder value because it also increases their pay.
Not saying I like it, just explaining why they hurt CEOs