Nobody is getting paid that much because anyone is realistically expecting a CEO to watch every action taken by every employee. The reason CEOs get paid so much is because it was discovered that luring them to a company with big paychecks results in higher dividends, and we've swung in that direction on investments.
The solution isn't to randomly start blaming CEOs for things they had no realistic control over, it's to swing in the other direction of putting more money towards workers by taking it away from pure growth-oriented goals.
I feel like the available data is way too scarce to attribute positive results to any individual executive with any degree of statistical significance. Do you know if there’s been research done on this?
My perception is that it’s really really hard to differentiate between someone who’s genuinely a force to be reckoned with and someone who’s just in the right place at the right time. After their first success they can hop around between companies from executive role to executive role playing it safe and riding the gravy train just by not fucking it up. I’d be interested if anyone can provide examples of executives that consistently trigger inflections in a company’s performance within say 2 years of joining across multiple companies. I’m genuinely curious.
The solution isn't to randomly start blaming CEOs for things they had no realistic control over, it's to swing in the other direction of putting more money towards workers by taking it away from pure growth-oriented goals.