Nothing. Even the most boot licking sycophants point out most of a CEO’s day is just pointless meetings that don’t need to happen. Occasionally a crisis comes up and a CEO will have to do something, or the odd CEO will give themselves actual duties, but that’s not a day to day thing.
As much as I want to agree with you, and for as much cynicism and general dislike I have towards manager-types… I find it hard to believe these freaks do nothing all day.
I just find it difficult to see that shareholders and investors would allow for these massive salaries for roles that do nothing.
And to be clear – I want to agree. I feel like you’re right. I definitely assume CEOs do nothing. But I just don’t think that can really be the case!
Which is why I asked, I suppose; I want to know whether I’m right in assuming that these guys are, in fact, as useless as they seem.
Nothing. Even the most boot licking sycophants point out most of a CEO’s day is just pointless meetings that don’t need to happen. Occasionally a crisis comes up and a CEO will have to do something, or the odd CEO will give themselves actual duties, but that’s not a day to day thing.
As much as I want to agree with you, and for as much cynicism and general dislike I have towards manager-types… I find it hard to believe these freaks do nothing all day.
I just find it difficult to see that shareholders and investors would allow for these massive salaries for roles that do nothing.
And to be clear – I want to agree. I feel like you’re right. I definitely assume CEOs do nothing. But I just don’t think that can really be the case!
Which is why I asked, I suppose; I want to know whether I’m right in assuming that these guys are, in fact, as useless as they seem.
They’re not useless. They’re just there as a representative for shareholders and their job is to wring out the greatest value out of the company.
That means picking out the best moments to invest, hire more assets, fire the disposables etc.
They’re the gamblers using other people’s money to make more money.