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OverpAId – Fire your CEO. Hire the future

overpaid.lol

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Re: OverpAId – Fire your CEO. Hire the future

#341

Post by xboxnolifes »

infamouscow wrote: post #334
xboxnolifes wrote: post #330

Earlier quoted context omitted.

Nobody wants to be the first one who cant pool large sums of money to influence politics, but, yes, im okay with not being allowed to spend millions of dollars to influence our politics. Our society has too much wealth inequality for that to be a good idea.

This would mean that all media companies in the US would be prevented from publishing anything that could be perceived as negative about any candidate running for elected office, regardless of factual basis and regardless of if it were satire. A candidate would simply go to any circuit court judge and get an injunction against the media company. If the media company did not comply, the judge would find the officers i…

It doesn't have to, there are tons of restrictions that could be used to improve the status quo. Limiting how close to an election these things can be released. Limiting how much money an individual can contribute. Limiting how much money a single organization can spend. We have levers, we choose not to use them.

Re: OverpAId – Fire your CEO. Hire the future

#342

Post by [deleted] »

enoint wrote: post #282
quacked wrote: post #215

Earlier quoted context omitted.

I was part of a company that was doing 10s of M in revenue, a few hundred employees, and had the technical prowess and IP to become a multi billion unicorn but the blue blood CEO was so clueless that he lost literally his entire technical core staff to incredible mismanagement. My favorite memory of him, and this sounds like a fake anecdote, is that on a big emergency call where he was pulling a huge amount of engine…

Sure, but his equity award deadline had passed, thus the fishing trip. And if things go well with Everett on the trip, the new funding would mean he can ditch those risky accounts.

[deleted]

Re: OverpAId – Fire your CEO. Hire the future

#343

Post by groundzeros2015 »

DangitBobby wrote: post #337
groundzeros2015 wrote: post #249

Earlier quoted context omitted.

Does execution, management, marketing and hiring not matter? The best product or opportunity wins and it’s just whose along for the ride?

Everything matters. Luck matters as much as the other things.

What is luck and why assume an equal weighting? Is it luck whether you accomplish your household chores?

Re: OverpAId – Fire your CEO. Hire the future

#344

Post by groundzeros2015 »

DangitBobby wrote: post #338
groundzeros2015 wrote: post #329

Earlier quoted context omitted.

So you don’t believe execution on these points makes a difference? Bring it more local. Does how you manage your household or work matter? Where does scaling that up break?

Seems people have been very clear on this and you keep dragging it back to points already made.

I’m asking for clarification because if the answer is no I’m afraid we are in psychologically different worlds and people feel out of control of very basic parts of their lives.

Re: OverpAId – Fire your CEO. Hire the future

#345

Post by vitally3643 »

infamouscow wrote: post #334
xboxnolifes wrote: post #330

Earlier quoted context omitted.

Nobody wants to be the first one who cant pool large sums of money to influence politics, but, yes, im okay with not being allowed to spend millions of dollars to influence our politics. Our society has too much wealth inequality for that to be a good idea.

This would mean that all media companies in the US would be prevented from publishing anything that could be perceived as negative about any candidate running for elected office, regardless of factual basis and regardless of if it were satire. A candidate would simply go to any circuit court judge and get an injunction against the media company. If the media company did not comply, the judge would find the officers i…

Slippery slope fallacies are not good foundations to make a reasoned argument on.

Re: OverpAId – Fire your CEO. Hire the future

#346

Post by licjon »

conductr wrote: post #246
tonic_note wrote: post #204

Good satire. I find the "RTO is because of RE valuations" to be the most bizarre thing about the post pandemic work discourse. Office leases are a rounding error to large employers. They are not coercing employees back to the office because their worried about the value of a single portfolio asset falling (assuming they even own it). They are doing it because it's about power. Middle managers do not trust their staff…

I’ve been on Csuite of 3 orgs since the pandemic forced wfh normalization. Your correct the RE thing has always been a false narrative. I’ve never seen or read of it coming from an executive. To my knowledge, it was dreamt up by pundits, speculators, and is just a lazy attempt to understand what goes on in boardrooms driving these decisions. What I have witnessed, with empirical evidence, is that productivity and/or…

Even if all the negatives are true, I am skeptical that it has a measurable impact on productivity. There are often outside factors that put a ceiling on what can be done anyway, with high productivity just causing days of waiting instead of any tangible reward.

Re: OverpAId – Fire your CEO. Hire the future

#347

Post by groundzeros2015 »

gtowey wrote: post #322
groundzeros2015 wrote: post #142

Earlier quoted context omitted.

> really achieved what they did elsewhere due to sheer luck/help This world view is not falsifiable. Regardless of success you can say it was luck. But I just don’t understand this. In my work we are constantly giving people chances to take on more responsibility, and often they don’t want to, or it doesn’t work out. Why would you expect that you could drop them in as CEO? Are CEOs always the cause of success or fail…

> In my work we are constantly giving people chances to take on more responsibility, In my experience, this means one of two things: You're asking people who already have too much to do, to add even more to their plate. Or You're throwing the projects which are doomed to failure and nobody else will touch at them. In basically every job I've ever had this has been the case. There is nothing like being given a shit sa…

So you don’t think people have a skill ceiling in this area?

Re: OverpAId – Fire your CEO. Hire the future

#348

Post by rurp »

bratao wrote: 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…

How does a board objectively evaluate that a potential CEO is worth say $25M/year over a candidate who will take the job for $4M/year?

Previous job performance isn't that reliable since countless CEOs have been great at one company in terms of raising stock price/revenue/profit/whatever, and then flamed out at a future company. How does one know in advance that one CEO will increase revenue by a few percent more than another, and justify such an expensive compensation package?

Re: OverpAId – Fire your CEO. Hire the future

#349

Post by reverius42 »

qznc wrote: post #320
reinitctxoffset wrote: post #292

Earlier quoted context omitted.

Claude is gaff-immune in 187 languages, never dips it's pen in the company ink, and can remember every calibrated nuance of guidance at every earnings call ever. It can impartially judge senior staff, provide updates to the board at any time, and personally interact with every customer. CEO seems like a great job for AI.

Sounds dangerous for liability reasons. Sometimes it is important to not write things down and have plausible deniability. Courts getting access to everything the CEO knows is not something a corporation wants.

Are you saying this hypothetical corporation is already doing something illegal, and that's why they don't want courts to have access? That intentional hiding sounds in-and-of-itself illegal too.

Re: OverpAId – Fire your CEO. Hire the future

#350

Post by ungreased0675 »

dd8601fn wrote: post #195
CGMthrowaway wrote: post #169

Earlier quoted context omitted.

The folly is thinking that getting hiring right is the solution at all. As has been pointed out a) leaders matter, b) the difference in impact between great and mediocre/poor leadership is massive, c) even if you hire a great leader you can get poor results. It follows then that spending more effort to find just the right person is not enough. You must also examine your overall organizational culture, your investors…

They spend 18 rounds over six months vetting a developer with silly puzzles that must be solved from memory, with an audience. It's about as far from the job as possible. This happened by trying to find capable people that didn't come to you through nepotism and paper mills and such. The strange thing is that nobody has developed a hiring battery for the naturally hyperconfident employee you met through the grapevine…

Because that hiring battery would end up selecting “The wrong kind of people.”
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