originally posted by: Krakatoa
SO, do you have the same level of expertise in running a company as that CEO you are comparing yourself to? How many have that level of knowledge, and
have a proven record of success? Millions? Hundreds? Tens? See, that is what drives the pay scale, not greed.
Here is a simple loose analogy using a computer to represent the company.
- A CEO knows how to debug problems with the computer, identify problems, develop solutions, track down the needed replacement parts (if needed), and
repair it so it functions so the computer users can get their work done each day.
More Knowledge + Less people with that knowledge = More Pay per person
In my personal experience I completely disagree with this.
My bosses over the years have consistently delegated every single task, technical or not, to myself and my colleagues.
I've worked with a CIO that thought it was impossible for someone to use their network maliciously because, and I quote, 'we're on DHCP.' Have worked
with agency partners in cyber crime who throw around words like 'neural networked AI' as if they're candy but have no idea what they mean. I've rarely
met a CIO who can program. Have met CEOs who could barely write, as in it was easier to calculate their accuracy as 'typos per an hour' than words per
Sure, CEOs go through more interviews but at the end of the day its a vote and that vote is run by people who got up the chain by generally working
with people who aren't as smart as they are. They have the same human failings as floor and production managers. They don't want to vote themselves
out of a job. CEOs don't want to do that any more than a burger flipper does. I've seen how their promotion chain works and they don't hire the people
who bring in the most money for the company name. They hire the 'best fit'. This is nonsense speak for someone that won't criticize us.
The fact is that 95% of tasks don't need 35 years of experience or a $750k a year pay rate. You can be entirely incompetent as a CEO or CIO or partner
or whatever and everyone beneath you will cover up your failings whilst simultaneously muttering under their collective breaths. Most companies simply
don't have a 'money' decision most years in business. You only know when you've got a dud CEO when the muppet holding the desk decides to commit fraud
or fails to pivot the business. In between then they could be replaced with a bobble head and an auto signing machine. Most of this type of success,
as far as I can tell, comes from rampant self confidence and selling ability not actual talent or anything particularly special. In fact the more
dense you are at retaining feedback, the less connected to reality, the more likely you are to get to the top of the chain.
So we can then say... well that is what people are paying for! Is it?! We're paying for some person to sit behind a desk? The biggest position that
these people serve is a limb you can hack off when something goes wrong, the next biggest is listening to people's pitches and saying yes or no to
them. Periodically they'll ask a bunch of questions that their employees will ignore because they're irrelevant, run powerpoint presentations, and sit
in a board room filled with other 'important' people, but they have a legion of back up to make their decisions. If you had access to lawyers, techs,
wet workers, and anyone's time in a 2000 person business... do you think it would be hard to get an acceptable answer on any question?
Now I'm not saying that you don't get hard working partners, CIOs, COOs, and CEOS ... They often seem to work hard and sometimes late, but... I've
also sat in on their conference calls. In one such call with 8 international individuals I heard one say, 'forensic investigation isn't about catching
the bad guys.'
No one said anything to attack that. Think about it.
If greed isn't a factor, then idiocy certainly is.