 cdruGo ColtsPremium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
 ·Frontier FiOS
| reply to RadioDoc
Re: A tad more info. My point is that movie and rock stars can make money from their works while they were alive through licensing and residuals.
Similarly, decisions make by CEOs when they are living can continue to reap rewards for companies long after they have left (the company or the the living). Not all CEOs are money grubbing thieves that hop around from company to company, driving them into the ground, all the while coasting to financial safety by a golden parachute. |
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RadioDoc58ef2c0Premium,ExMod 2000-03
join:2000-05-11 | Oh, I get your point. Mine is that while some entertainers are obscenely wealthy they got that way through performance. Some CEOs get that way even though they are incompetent boobs who happen to be well-connected.
I have yet to see an entertainer take down a studio. Some CEOs, however, leave corporate corpses as their legacy. The original question was basically what is the difference between the two.
It would be nice if the corner office had the same performance prerequisite.
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Toolmaster of La Grange. |
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cdruGo ColtsPremium,MVM
join:2003-05-14
Fort Wayne, IN
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·Frontier FiOS
| said by RadioDoc:I have yet to see an entertainer take down a studio. Maybe not a single entertainer, but there have been numerous movies that have caused the studio to file for bankruptcy or at least severely hurt them financially. A real quick google search came up with list of some failures.
Some CEOs, however, leave corporate corpses as their legacy.
...
It would be nice if the corner office had the same performance prerequisite. A single person isn't going to drive a company* into the ground usually. It's going to take the combined effort of the management and/or board to at least approve of what the CEO is planning to do in order to get the ball rolling. The CEO may be the one that ends up being the scape goat, but (s)he's rarely solely responsible.
*- small businesses aside, I'm referring mainly to large corporations like WorldCom, Enron, etc... |
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