It seems like the reason for hiring CEO internally makes a lot of sense from the people and network perspective, why not do the same for managers, directors, and head of department as well since these positions also require similar skill sets?
Whether it is a family, or a business, or even a state, the country cannot do without the existence of a leader, who controls the development direction of this place. Only under the correct leadership, more people will know which direction to go. , the group cannot unite without a leader, they need a voice to tell them what to do.
I love the topic! I would argue that there are more than Fortune 500 companies in the United States, and focusing on them makes the discussion very bias in favor of companies that elready conquered market. Being CEO of such a company - as proven in discussion is goal once you are 58. My question, therefore is the Nasdaq traded companies...mid tier.. how does it look there?
Really good talk so far, 6:14, could it be that the CEO left the company in a great position? After passing. Does that data support that the trend was low at his availability and after he left it trended up.⬆️
I’ll be charitable and say that Dirk is merely suffering under deep misapprehension rather than accuse him of being a corporate establishment propagandist. His answer to “why CEOs matter” is a tautology. He first said that companies change when the CEO changes, and that proves they matter. This is a tautology because companies are *designed* to run at the direction of a CEO. This is the equivalent of saying legs matter because if you break your legs you can’t go for a jog. This is not meaningful information. The question is: why do you need to jog at all? In other words, can companies be designed to run without a CEO? Is the CEO role truly indispensable? The answer should be obvious but if you have any doubt then I would ask simply whether the monarchy still reigns as the predominant form of state governance. It’s irresponsible to call oneself an academic, cite evidence from research, and come to such comically establishment friendly conclusions on the basis of a smuggled premise.
Unfortunately there’s been experiments of CEO-less companies and none are in the Fortune 500. Monarchy was done away with because the people believed this wasn’t efficient and sought self-governance. Turns out they were right. Countries without Kings performed better. A CEO is more akin to a President than a King because the CEO’s words aren’t absolute. They have to answer to a board most of the time
Thanks Chris. This is an excellent point. If expanded, this could be a valid criticism of much of academia. I would posit that a solid review of Dirk's work, and funding streams, might move this argument along nicely.
5:22 25% of companies show upward movement after CEO death..meaning people saw them as more valuable after the CEO passed away..you went on and made sevrral deductions based on this.. you completely forgot thats "JUST 20-25% OF THE TIME" what about the rest..
A Macdonald in my city can make Americans earn money and give jobs to people in my city.😅 Un Macdonald nella mia città può far guadagnare qualcosa agli americani ed dare lavoro alle persone della mia città.😅 Un Macdonald dans ma ville peut faire gagner de l’argent aux Américains et donner des emplois aux gens de ma ville.😅
One should not offer their political opinions about what the CEO makeup should be…just tell us what the data shows. Keep your liberal nonsense to yourself.
"Most of our listeners are senior executives."
Me, a warehouse manager: "uhhh, yeah..."
This is the best I have heard or read about pursuing a career as a CEO.
I agree. Awesome insights.
I really love that the moderators didn’t interrupt Dirk’s flow.
It seems like the reason for hiring CEO internally makes a lot of sense from the people and network perspective, why not do the same for managers, directors, and head of department as well since these positions also require similar skill sets?
Herbert from Ghana 🇬🇭! Thanks for this episode!
This changed my perspective towards CEOs, life is not always a bed of roses... you gotta deal with the thorns too.
Whether it is a family, or a business, or even a state, the country cannot do without the existence of a leader, who controls the development direction of this place. Only under the correct leadership, more people will know which direction to go. , the group cannot unite without a leader, they need a voice to tell them what to do.
Appreciation from Tanzania....thank you
I love the topic! I would argue that there are more than Fortune 500 companies in the United States, and focusing on them makes the discussion very bias in favor of companies that elready conquered market. Being CEO of such a company - as proven in discussion is goal once you are 58.
My question, therefore is the Nasdaq traded companies...mid tier.. how does it look there?
Really good talk so far, 6:14, could it be that the CEO left the company in a great position? After passing. Does that data support that the trend was low at his availability and after he left it trended up.⬆️
He just made deductions based on 20-25% of the time share values go down.. doesn't that mean 75-80% of time shares go up or remain unaffected.. 🤷🏻♂️
excellent insights, thank you
The discourse is interesting
Really learnt from this.
Insightful
Thank you Sir 🙏
1:52
Digit came to be eventful its finest edge.
I’ll be charitable and say that Dirk is merely suffering under deep misapprehension rather than accuse him of being a corporate establishment propagandist.
His answer to “why CEOs matter” is a tautology. He first said that companies change when the CEO changes, and that proves they matter. This is a tautology because companies are *designed* to run at the direction of a CEO. This is the equivalent of saying legs matter because if you break your legs you can’t go for a jog.
This is not meaningful information. The question is: why do you need to jog at all? In other words, can companies be designed to run without a CEO? Is the CEO role truly indispensable? The answer should be obvious but if you have any doubt then I would ask simply whether the monarchy still reigns as the predominant form of state governance.
It’s irresponsible to call oneself an academic, cite evidence from research, and come to such comically establishment friendly conclusions on the basis of a smuggled premise.
Unfortunately there’s been experiments of CEO-less companies and none are in the Fortune 500.
Monarchy was done away with because the people believed this wasn’t efficient and sought self-governance. Turns out they were right. Countries without Kings performed better.
A CEO is more akin to a President than a King because the CEO’s words aren’t absolute. They have to answer to a board most of the time
Thanks Chris. This is an excellent point. If expanded, this could be a valid criticism of much of academia. I would posit that a solid review of Dirk's work, and funding streams, might move this argument along nicely.
Got it
They hire people who are in their circle and rarely hire a random Joe.
Any books anyone can recommend on this topic, a lot of what I can see is not much more than airport reading.
They choose you not you choose.
Very interesting/ Thanks
❤
5:22 25% of companies show upward movement after CEO death..meaning people saw them as more valuable after the CEO passed away..you went on and made sevrral deductions based on this.. you completely forgot thats "JUST 20-25% OF THE TIME" what about the rest..
Hello, how are you?❤
They promote their own. The end.
Start a company. You're a CEO. Lol 😂
Na, need a board to elect you. That's a founder, owner.
I don't want to die😂
Brown Sharon Martinez Christopher Garcia Nancy
Me Im an English tutor not a CEO
Most felt like bull
A Macdonald in my city can make Americans earn money and give jobs to people in my city.😅
Un Macdonald nella mia città può far guadagnare qualcosa agli americani ed dare lavoro alle persone della mia città.😅
Un Macdonald dans ma ville peut faire gagner de l’argent aux Américains et donner des emplois aux gens de ma ville.😅
Start with being a white male?
CEO does matter, this is so obvious.. you don't need to explain...
Wast of this listening this
One should not offer their political opinions about what the CEO makeup should be…just tell us what the data shows. Keep your liberal nonsense to yourself.
Thank you!