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OverpAId – Fire your CEO. Hire the future

overpaid.lol

131–140 of 395 posts

Re: OverpAId – Fire your CEO. Hire the future

#131
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

What matters is their connections to powerful people. That's what you buy.

Re: OverpAId – Fire your CEO. Hire the future

#132
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

> speaking as a founder/CEO [...] Proven talent comes with a massive price tag, but it's almost always worth it.

I see no bias here /s.

Re: OverpAId – Fire your CEO. Hire the future

#133
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

"Top talent" - I'm curious, do you really believe this is a normal / proper / desirable way of talking about other people?

Yes. Highly accountable and responsible people with deep knowledge are rare.

Re: OverpAId – Fire your CEO. Hire the future

#134
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

Genuine questions from the ground floor:

How do you spot the quality candidates in those top roles? It seems like forecasting success is exponentially harder when the skills are so qualitative and contextual.

And I have not yet witnessed an organization that is comfortable with the risk of promoting an internal "nobody" relative to someone with plausible credentials or from outside. If you're stuck with MBA-type CEOs, how do you fix them or mitigate their damage from above?

Re: OverpAId – Fire your CEO. Hire the future

#135
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

> Just look at Lisa Su or Steve Jobs.

It has a name, it's called "survivorship bias".

Re: OverpAId – Fire your CEO. Hire the future

#136
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

The site is satire… I don’t think it’s a serious pitch for “replace your CEO with AI”, it’s “hey, CEOs, if you disagree with this, why don’t you apply the same logic to all the parts of your business and all the employees you’ve confidently stated will be replaced by AI?”

Re: OverpAId – Fire your CEO. Hire the future

#138

Considering AI's strengths and weaknesses, it makes sense that upper management—whose job often involves making decisions based on data and established practices—may be easier to replace with AI than frontline or essential workers, who constantly have to adapt to unpredictable situations. But if competing companies all start using AI to make similarly rational decisions, it will become much harder to gain an edge thr…

Perhaps you've watched too many classic StarTrek episodes as a child and are channelling the Spock versus Kirk leadership theme.

Re: OverpAId – Fire your CEO. Hire the future

#139
post #54

I know this is a common trope here, and yeah, plenty of MBA-type CEOs are trash. But speaking as a founder/CEO of a small company, the quality gap between an average hire and top talent at the director level is night and day. Proven talent comes with a massive price tag, but it's almost always worth it. The times I regretted going with the 2nd or 3rd place candidate because they were cheaper ended up setting us back…

The site is satire… I don’t think it’s a serious pitch for “replace your CEO with AI”, it’s “hey, CEOs, if you disagree with this, why don’t you apply the same logic to all the parts of your business and all the employees you’ve confidently stated will be replaced by AI?”

If the past decade has taught me anything, it's that today's satire is tomorrow's reality.

Re: OverpAId – Fire your CEO. Hire the future

#140
post #110
post #88

Earlier quoted context omitted.

You are confusing CEO pay with CEO ability. There is plenty of examples of companies doing poorly until a new CEO comes in, and others of a company doing well until the CEO retires and a replacement comes in. Ivy types have a poor history of figuring out which is which in advance though.

There's an equally valid hypothesis that a "good" CEO is just one that keeps their hands off the levers of power, doesn't rock the boat or fuck anything up, and quietly lets a good company perform; whereas a bad CEO is one who, due to ego and self-aggrandizement, can't help but impose themselves via meddling and prevent a good company from performing. By that measure, you might as well save yourself the executive com…

yeah just sit there, keep a steady hand, and project confidence
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