Management Turnover as Change Agent

Wednesday, June 4, 2008

Recommended Reading - Mean Street: Spare a Prayer for the CEO

Evan Newmark wrote a piece on the WSJ's Deal Journal blog that is worth a read.  Here is a taste of what Newmark wrote,
... But spare a prayer for the CEO. It is tougher than you think to be a CEO. What goes through the mind of the CEO isn’t just about money and power. It also is about the burden of failure.

When thousands of people are depending on you, that is a heavy burden. You don’t want to let your employees, shareholders and board down. In failure, you do.

Just look at Chuck Prince and Jimmy Cayne. Broken men...
If interested check it out.

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