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Originally Posted by Willravel
And this is condescending and as we will now see unsupported....
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I'm telling you that your opinion isn't based on reality but based on your viewpoint of how things are run, not on any schooling or realworld experience.
Quote:
Originally Posted by Willravel
"Vision"? The CEO and CFO are responsible for making sure the business is successful. That responsibility does not just fall on the shoulders of the CFO. They run the business. Maybe you can explain how a proper "vision" can come from someone who doesn't know the rules of the game? Unless that vision is "make more money" or some other vague idea you can get from a fortune cookie, they need to be able to set realistic goals which can be supported by strong data. And how would you do that? They understand economics, which means understanding economic theory. I don't have my degree in economics, but I would imagine in at least one of those classes they go into at least basic game theory and other mathematical econ.
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Yes, your beloved Steve Jobs didn't know the rules of the game when he started. He had the vision of a company and how that company should be run.
CEO that are successful seemingly do set realistic goals and when those goals are not met, are punished by Wall Street. It's a simple thing really. Listen to any shareholder's meeting if you are a stock owner and you'll see and hear how CEOs have realistic and unrealistic goals and vision.
Will, I sit on a one board of directors, and interface directly with one CEO. I'm going to run for a seat on another board later this month if I can find the time.
I also pointed out that out of 500 companies not any are run exactly the same. Each and every one of them has differences and nuances besides market sector and industry. What is the same for all of them is that they are all public companies vying for investor dollars.
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