Would you rather take a job as the new CEO at a badly struggling company, or stick with your 2nd tier executive position at a very successful company?
Those who choose CEO. Can really see potential or possibilities. Those who didn't well.....
People need to grow a backbone instead of hiding in the shadows
Depends on how much the struggling company is willing to change.
The expectation is that you will fail, so if you do then your prestige isn't dented. If you succeed you will be the new rock star on Wall St.
Go CEO, gut the company, sell its assets, and retire.
Stay put :)
I would like the challenge of taking the company and turning it around!
If a person is at this level in his or her career, then sure go for it. What an opportunity to help the people and the company turn it around. It would be an amazing miracle! People at this level are sought out and if the efforts did not work, their efforts will land them a job somewhere else.
I think Marissa Meyers just wanted a new challenge. With Google shutting down all the fun stuff (Google Labs, 20% time, etc.) I guess she felt it was time to move on. Being that she is like super intelligent / ambitious, I'm sure she did the right thing.
That risk taking nature is also why 80% or so of homeless people are males.
I like the gender comparison.
Men are more likely to take risks. Higher the risk, higher the reward. This is why most of the successful ( money wise at least ) people are men. Men are biologically programed to take more risks.
CEO of a struggling company because I like a challenge and love results.
Stock options, Performance bonuses, and golden parachutes... CEO Baby!
As much as I like to be on top, until the economy fully recovers, I'll take job security.
And best of all, I don't have to talk in idiot lingo. Listening to people talk in corporate speak makes you want to vomit, or slap them senseless.
Neither. The corporate world sucks. I own my own business, have for 8 years, and would never do the corporate thing again. It's hard on your own, but more than worth not kissing ass and watching other clowns take credit for your work.
This statistic is consistent with the stat that about 25% of people own business.
Be like Romney... Make it better or sell it!!!! Capitalism Is great!!!!
This is about the founding member of google going to CEO yahoo
I generally make an excellent second in command. I am supportive, capable, enjoy people and am good at integrating details into principals. The challenge of figuring it out and motivating with effective vision and purpose sounds like too much fun to ignore.
Hmmmmmm idk? Guaranteed success or possible loss of everything I have?
But, rvel, I'm glad you supported your argument with so many facts.
@rvel, since the beginning of 2009, there has been a 206% increase in reported corporate earnings. And real pre-tax corporate profits have gone from 1.5 trillion in 2009 to almost 2 trillion in 2011. Many companies actually have a cash surplus and have started paying dividends.
Marissa mayer and yahoo ring a bell? Anyone?
@swj Why the hell would someone prefer to leave a comfy secure job for a slightly more comfy job without security?
If the company was "too big to fail", them I could get a bailout.
No they are not MRM27.
The buck stops here!
Harry S. Truman
You got me.
I can't top that.
swjboucher, if I had a dime for every time I saw someone on this app say "...this is why this country is going to hell..." I would have like $18.
I would like a challenge and have so much control.
I would 'Go CEO' because I am certain I'd be able to turn the company around.
CEO. Im cool like dat.
Im not good a leading with words and plans, Im only good at leading by actions like when I played hockey, I would have been captain of almost every team but my anger problems held me back but I played harder than anyone else on the team every game.
Can you say golden parachute?
This is why this country is going to hell. Everybody would rather stay in their pen and be fed than take a chance at a better life.
It would be mighty big fun and very rewarding to turn around a failing company, and the pay's probably better than number two either way. Some companies are probably beyond fixing, like Yahoo probably is, but I get why Marissa wants to try even though she doesn't need the money. Good for her!
I am going to get a huge bonus as CEO whether the company succeeds or fails anyway. I'll go with the short stint being CEO then an early retirement :-)
@oldlady you're from Nevada. Of course you would say that.
I'm not going to risk saving a failing business. Let it it fail if it deserves to fail but I'm not going down with it.
Somehow I get the feeling it's more complicated than that.
I am confident in my abilities to pull the company together and make it a success. Turning a failing company around would also make me a very sought after CEO. I would pretty much be able to go to any company and get my desired salary.
Crysk, ¿hable ingles?
Question: do I have to be pregnant to answer this question?
I see it as, if I'm a new CEO and the company ends up failing then I will still get a bonus package.. But that if i was thinking liberal
Oh, and Fresh1, U.S. corporate profits are actually at all time highs. Chinese CEOs have to deal with a lack of transparency and a lot of corruption.
Yahoo will probably continue to lose market share and become less relevant, but they aren't beyond saving. If this new CEO can shake up the board and get some new brain power coming through the door, a comeback is still possible. I won't be investing in them, though.
Whoa pinky did you go to Harvard or something? Haha I would work for you if you were CEO with that game plan!