Are other US organisations like this???
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CEO sets corporate goals, direction and high level strategies. Decisions for how best to achieve those are made throughout the leadership command chain. Unfortunately, about 20 years ago at 3M the practice of avoiding conflict by telling people what they want to hear led to a lot of poor results being dressed up like “delayed success.” The big pay day was always just around the corner. Words like “economic headwinds” “raw materials shortages”“channel consolidation “ “industrial product index” “flat housing market” etc were always ready reasons for why you didn’t deliver results. Now after a decade or more of underperformance, the current CEO is holding an empty bag of promissory notes and has no idea how to actually grow revenue. In fact, there are so many competing fiefdoms now without p&l ownership, most of his executives probably don’t even have a revenue growth target as a core objective.
In actuality, who would be making courageous decisions if they were not ?
Doesn’t tireman take decisions?
No.
Yes but wonder why ? It’s a Mystery with the dismal results ? No other Industrial org is failing so hard ! Both Micromanage, more focussed inside then navigating the ship or adding value or Vision. Don’t have a craft to weather any storm, just continue to throw things and people out. Don’t think the title is appropriate for both though ? Chief of anything is too lofty for the content they deliver..
Ha! Great parody answer. "benevolent", literal LOL.
Honest answer:
In normally functioning companies the CEO and COO would only really make the very highest level decisions - like mergers. They should, emphasis should, be spending most of their time developing and communicating effective strategies for their subordinates to follow. Unfortunately...
👋🏻Hi! Great question.
💯% YES!
They are benevolent dictators.