On Sep 18, 12:17 am, "Tom Gardner" wrote:
"Too_Many_Tools" wrote in message

ups.com...



On Sep 17, 12:53 am, "Tom Gardner" wrote:
"Bob Ward" wrote in message

. ..

On Sun, 16 Sep 2007 18:05:58 -0700, "Tom Gardner"
wrote:

Sit back and watch the toy companies...they are going to be used as a
lesson for the rest of Corporate America as to what happens when you
cut corners to make the CEO bonus larger.

TMT

Do CEOs make too much? Why is that? Could it be that they are hired
to
do
a job and that's what the job is worth? Why do you resent high-paying
jobs?

So you think that CEOs should be rewarded for driving the company toi
the brink of bankruptcy?

It's not that simple. The CEO doesn't do day-to-day QC but...somebody
down
his chain of command does and that head will roll. The captain of a ship
is
ultimately responsible for everything on the ship but doesn't handle the
operation of the milkshake machine in the lounge, he delegates that...get
it?- Hide quoted text -

- Show quoted text -

So if the CEO isn't ultimately responsible for the company's
performance, why is he making the big bucks?

Seems you like to argue the "have the cake and eat it too" approach
Tom.

You wouldn't happen to be an owner of a business, would you?

TMT

You know what I'm trying to say. I'm just not communicating it well. It's
really a tiny percentage of CEOs that make truly big bucks and you don't
hear about most because they do a good job. Why do companies offer huge
compensation for a top-notch CEO? If the job is done right, the right guy
can make the company perform wonders. Great job...if you can get it.



That's not actually true, at least as far as long-term results. I'm
reading an interesting study, and compensation isn't the be-all and
end-all of finding a top-notch CEO. Top-notch executive compensation
keeps the right person, it does not necessarily get a company the
right person.


V.
--
Veronique Chez Sheep