Slashdot Mirror


CEOs Who Invite Email From All Employees

Carl Bialik from the WSJ writes "Cinergy Corp. CEO James E. Rogers, who at 11 one evening was reading email from employees at home while nursing a vodka, is the norm, not the exception at major U.S. companies, the Wall Street Journal reports. 'Advocates say such a policy is a powerful leadership tool that can nip crises in the bud, boost morale, uncover new ideas, and cut through corporate red tape. In the post-Enron era of CEO accountability, reading employee email helps the boss appear hands-on and accessible. But reading and replying to dozens of employee messages each day takes time that could be spent doing something else. Skeptics say the practice distracts CEOs from more-pressing work -- and extends already long workdays.' Of course, portable email devices have made it easier to sift through dozens or hundreds of employee messages each day. While being driven to meetings, Pfizer's CEO says, 'I don't look out the window. I use my BlackBerry and answer my email.'"

64 of 226 comments (clear)

  1. D'oh! by rovingeyes · · Score: 5, Funny
    Pfizer's CEO says, 'I don't look out the window. I use my BlackBerry and answer my email.'"

    Uh oh, he is screwed

  2. Only Eleven? by Anonymous Coward · · Score: 5, Funny

    If he's only 11 why is he sitting at home drinking vodka????

    1. Re:Only Eleven? by digitalgimpus · · Score: 2, Funny

      good, so I'm not the only one who read that twice. /never good at inglish //spells like a unedumucated person

  3. it's more self-aggrandizing egotistical behavior by yagu · · Score: 5, Interesting

    it's more self-aggrandizing egotistical behavior... than anything else.

    You know what? I worked for a company, one of the telcoms that went through the upheaval of crooked leadership during the Enron days. One of our CEO's walked away with $500M, and they're still chasing him down -- I predict they'll NEVER get him. Our stock went from over $50 to under $2.

    Then our shining knight on a white horse rode into town. He had a reputation for coming in and slashing jobs, but he had genuine likability and charisma about him. He also had an open e-mail policy, claimed he read and answered his e-mail. Guess what? He did!

    I exchanged a few e-mails with him, and he always responded. Cool... two administrations before I'd always had pretty direct access at that level (I was pretty senior), and now it appeared the company was back to bidnez. His responses were short and non-expansive, but, hey, he IS the CEO.

    Then, 9a.m. one morning about a year ago I got marched into a little room and set free. For a previous post with more info, look here.

    Yeah, he read and answered his e-mail... but he always signed it (and I'm not making this up), "dick".

  4. Listen to employees? Yeah right! by RubberDogBone · · Score: 3, Funny

    That's why they have flunkies to do: listen to the employees, put their comments in the circular file, and make sure to record a bad mark for the next annual review.

    "Too ambitious. Emailed C*O about a new process that would cut costs and save the company."

    --
    Sig for hire.
  5. Irony by gowen · · Score: 5, Funny
    Pfizer's CEO says, 'I don't look out the window. I use my BlackBerry and answer my email.'"
    Most of the time his replies read: "Funnily enough, I can get actual Viagra for the price you're selling fake C1AL1S. I'm the CEO of f**king Pfizer, you morons."
    --
    Athletic Scholarships to universities make as much sense as academic scholarships to sports teams.
    1. Re:Irony by omgpotatoes · · Score: 2, Informative

      That made me laugh out loud. Nice! :-)

    2. Re:Irony by Surt · · Score: 4, Informative

      Since I'm banned from moderation, a round of applause. Funniest comment I've read in a month.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
  6. is there anything Alcohol can't help? by toupsie · · Score: 5, Funny
    "Cinergy Corp. CEO James E. Rogers, who at 11 one evening was reading email from employees at home while nursing a vodka, is the norm, not the exception at major U.S. companies, the Wall Street Journal reports. 'Advocates say such a policy is a powerful leadership tool that can nip crises in the bud, boost morale, uncover new ideas, and cut through corporate red tape.

    Who knew that drinking vodka could nip crises in the bud, boost morale, uncover new ideas and cut through corporate red tape. I always thought Bourbon was a better choice for that. Guess its Bloody Marys for me!

    --
    Strange women lying in ponds distributing swords is no basis for a system of government.
    1. Re:is there anything Alcohol can't help? by dswan69 · · Score: 5, Insightful

      Would it be OK if he was nursing a joint? Just wondering if only addictive, toxic drugs are acceptable for CEOs.

    2. Re:is there anything Alcohol can't help? by moro_666 · · Score: 2, Insightful

      I dont know about you but i would like my CEO to be sober while he reads my genuine ideas ... otherwise he will end up thinking that these ideas are good (because i was drunk while i wrote the e-mail to him too :p) and i will have to make these ideas into projects and make profits ... from ideas like a flying coffee cup and freezing microwave ... (this means i would have to get the clients drunk to make them buy this stuff...)

      On the other hand, i know dudes who would answer to e-mails politely 24/7 if they get free vodka, a driver with a car and a blackberry for it :)

      --

      I'd tell you the chances of this story being a dupe, but you wouldn't like it.
  7. Maybe he should lay off the Vodka... by MikeDataLink · · Score: 5, Funny

    http://finance.yahoo.com/q?s=CIN&d=t based on the Stock Reports he should drink a little less (or maybe more!!!). ;) He's down .69 today already.

    --
    Mike @ The Geek Pub. Let's Make Stuff!
    1. Re:Maybe he should lay off the Vodka... by Brushfireb · · Score: 4, Insightful

      Good CEO's dont care about day to day, or even quarter to quarter fluctuations in their stock price, provided its not ridiculously drastic.

      Good CEO's look long term. So should you.

    2. Re:Maybe he should lay off the Vodka... by BewireNomali · · Score: 2, Interesting

      not anymore. CEO terms are becoming shorter than political terms in many instances. there is no vested interest in CEOs thinking long term, especially when long term interests often conflict with short term interests, i.e. return on investment. This is especially true for publically traded companies.

      i guess my point is, the idea of what a good CEO is... is a very relative term.

      For example, Steve Jobs has become a wall street darling because he has evolved from being a good private company CEO to a good public company CEO. I contend that the two are distinctly different breeds.

      --
      un burrito me trampeó.
    3. Re:Maybe he should lay off the Vodka... by Duhavid · · Score: 2, Funny

      You need to find out when the interview was conducted. Maybe last night
      was a no vodka night for him, and that is why the stock is down. Maybe
      he needs more, not less.

      I propose a full study. Grouped by types of alcohol and amounts, measured
      against the company stock price.

      --
      emt 377 emt 4
  8. Long Workdays by Chuckstar · · Score: 5, Insightful

    "and extends already long workdays"

    Oh, cry me a river. So a guy making hundreds of millions has to extend his workday. Isn't that the price you pay for having that job? You want an easier job, just be some other senior executive, make 20-25% as much money, and have an easier life.

    1. Re:Long Workdays by iluvcapra · · Score: 4, Insightful
      Skeptics say the practice distracts CEOs from more-pressing work -- and extends already long workdays

      For 420 times the employee base salary (for reals, not hyperbole), he might be able to reply to a few dozen emails every night.

      --
      Don't blame me, I voted for Baltar.
  9. I don't see an issue by Wireless+Joe · · Score: 5, Insightful
    But reading and replying to dozens of employee messages each day takes time that could be spent doing something else.

    Yes, and I'd be glad to hear that my CEO was returning email instead of (or at least while) taking place in the latest pro-am or attending other "promotional" company-paid vacations.
    Skeptics say the practice distracts CEOs from more-pressing work -- and extends already long workdays.'

    Again, I would expect nothing less from a competent CEO. I work 10-12 hour days, and at 50-100 times my salary, I would expect the same from them.
  10. Uhm... did anybody read that last line.... by HerculesMO · · Score: 2, Insightful

    While being driven to meetings, Pfizer's CEO says, 'I don't look out the window. I use my BlackBerry and answer my email.'"

    And that reason alone, is why I will never feel sorry for CEOs long work days. Besides, everybody knows that CEOs are figureheads and the real work is done by the managers looking for promotions into more cushy jobs and getting the little guys to work their asses off to deliver the given product/service on a deadline that means THEIR job.

    Yea.. fuck CEOs. Until I am one -- and then I will look back at this post and think how delusional I was while I bathe myself in hundred dollar bills while telling my driver to take me to my job where I do little work and -- oh wait, I am still a peon. Long way to go yet :)

    --
    The price is always right if someone else is paying.
    1. Re:Uhm... did anybody read that last line.... by lowe0 · · Score: 2, Insightful

      No offense, but if someone's attention is costing a business millions of dollars a year, it seems like a good idea to hire someone to handle the more mundane stuff so they don't have to take their mind off of what they're working on.

      What's a half-hour of a CEO's time worth? If it's more than the cost of a driver's, then someone else had better be behind the wheel.

    2. Re:Uhm... did anybody read that last line.... by Anonymous Coward · · Score: 2, Interesting

      Bugger that.

      I don't know if you're trying to be funny here. My dad is the CEO of a medium-sized, recently listed manufacturing company (not in the States). I may be biased, but I don't know anyone who works harder.

      He gets up at 7 every morning, and if he isn't out entertaining clients (all right, it's an Asian country) til 2-3am, he's back at 8pm. That's Monday to Saturday, Sunday the office is closed but he usually ends up checking up on the factory anyway.

      He handles everything, from finding new markets, making sure the factories will hit the quantity/date, dodgy suppliers, and things like making sure the right wheels are greased, all the way down to things like escalated problems with discrimination in the cafeteria. There's constant pressure to keep competitive - for example, China has been causing them problems these last couple of years. Who had to choose to build factories in China to keep up? Do you know how monumentally complex a task like that is? Where do you even begin? I haven't the slightest clue - it's not like there's a form you fill out, and magically well-trained Chinese labour pops out of the air, English speaking, ready to work, equipment and all... And also, who takes the blame if it doesn't work out?

      Remember that mental work is as hard, if not harder, than physical work. I took a job in the company factory for a stint - eight hour shifts just whiz by when you're hard at work, the endorphins kick in. Henry Ford once said something along the lines of 'I give them the parts of my work that the many can do, so I can do the work that only I can do'. It's not the easy stuff that gets stuck at the top.

      My dad has a driver too, but that doesn't fix his high blood pressure or other health problems - or the half-life he's led outside work for the last few decades spent (also as CEO) building the company up from nothing.

      YMMV in the States - I know Asian businesses tend to stack work at the top - but I suspect it's not completely unlike this.

      Anyway, nice semi-troll. :-) Worth feeding you to answer. It's not like dad would ever read this here, but it would shame me to read this, knowing what my dad's life is like, and not respond. After watching him secure our family's lives this way, even if bathing in hundred-dollar-bills might actually be possible I'd never dream of it - it'd be too much like bathing in dad's blood.

      -D

    3. Re:Uhm... did anybody read that last line.... by Takumi2501 · · Score: 3, Interesting

      I agree entirely. Let me add one more point.

      If, as people seem to think, a CEO does nothing in a public company. There's a board of directors who would boot him/her out. Major companies don't make money by paying people obscene salaries to sit on their butts all day.

      True, if you want to run a successful company, you have to delegate a lot of tasks to other people. This should be done, however, so that you can handle more imporant issues.

      Bearing this in mind, I think that an open-inbox policy is a double-edged sword. Yes, it keeps the CEOs informed as to what's going on in the company, but I think it would be a wiser idea to have someone employed for the sole purpose of reading these e-mails, and forwarding the relevant ones to the appropriate recipients (including the CEO, if necessary).

      --
      Sent from my computer.
      Now GET OFF MY LAWN!
  11. Good idea by twiddlingbits · · Score: 5, Insightful

    I always thought a CEO should know as much as possible about what is going on in his/her firm. Sounds like this guy thinks that way too. And he does it HIMSELF, not via his admin assistant. Some CEOs couldn't even turn on a Blackberry, and others don't give a rat's ass what is going on as long as they get thier way and thier bonuses.

    The downside of actually reading his email is that he can't say "I didn't know" if the Feds come asking questions about his company's actions or financial statements.

    Employees shouldn't be dropping him emails when the towels are out in the restroom. Only really imporant issues/crises should be sent to him.

    1. Re:Good idea by moviepig.com · · Score: 5, Funny
      ...Only really imporant issues/crises should be sent to him.

      Maybe the other employees should be able to mod each other's eMails up and down. Hey, wait...

      --
      Seeing bad movies only encourages them. Watch responsibly
  12. Sifted by oconnorcjo · · Score: 5, Insightful

    I think that if I was in a CEO position, I would have my email sifted through by a secretary and then only the real meat forwarded to me; giving me more time to do other things. A CEO who spends large amounts of time reading email feels like a micromanager and would give me less confidence in the leadership of the company.

    --
    I miss the Karma Whores.
    1. Re:Sifted by angelo · · Score: 5, Insightful

      As opposed to the 'sifter' micro-managing and reducing morale. It speaks better to the CEO's commitment if they read/reply personally instead of pushing it off to someone else. That's the whole point of this.

  13. Technology makes middle-management obsolete by nharmon · · Score: 5, Interesting

    Half of me thinks that if the middle-managers can't be trusted to take employee e-mails concerning business-related things, they should be replaced. The other half of me thinks that if technology gives the CEO greater span-of-control, then perhaps the middle-managers should be eliminated.

  14. Re:it's more self-aggrandizing egotistical behavio by Anonymous Coward · · Score: 3, Insightful

    Sometimes CEOs have to fire people. And yeah, it's pretty unfortunate. But would you rather he hadn't answered your emails?

  15. CEO is the norm ? by star_aas · · Score: 2, Interesting

    Cinergy Corp. CEO James E. Rogers, who at 11 one evening was reading email from employees at home while nursing a vodka, is the norm,

    So, this guy is the norm ? What the hell does that even mean ?

    Maybe you meant "For Cinergy Corp. CEO James E. Rogers, reading email from employees at home while nursing a vodka at 11 in the evening is the norm.

    Sorry, couldn't help it

    1. Re:CEO is the norm ? by jd · · Score: 2, Funny

      No, the headline is correct. The norm is for CEOs to behave like 11 year olds and to drink while on the clock.

      --
      It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
  16. Appearances? by Franklinstein · · Score: 5, Insightful
    "reading employee email helps the boss appear hands-on and accessible"

    And here's what it comes down to...appearances. Yes, I understand that it can have some effect, but how useful is putting on the appearance of being hands-on and accessible when they're really not?

    1. Re:Appearances? by rhetoric · · Score: 5, Insightful
      here's another gem from TA:

      Last year, an hourly worker at a manufacturing plant sent Mr. Parkinson an email asking about Baxter's policy for supplementing the pay of employees called up to active military duty. The CEO discovered the subsidy ended after 24 weeks, even though some Baxter employees were serving on longer assignments. He ordered the differential extended to 50 weeks and made the change retroactive to January 2003. A company spokeswoman says the move affected relatively few employees but boosted overall morale. [emphasis obviously added]


      I'd say that about sums it up...
      --

      "where words meet intent, lies rhetoric's lament"
  17. You have no idea how business really works by Rogerborg · · Score: 3, Funny

    First you tell your driver to take you to your mistresses' apartment, then when you're good and ready you tell him to take you to the office.

    --
    If you were blocking sigs, you wouldn't have to read this.
  18. Re:it's more self-aggrandizing egotistical behavio by cnelzie · · Score: 5, Funny

    That sucks.

        Hopefully, you poorly documented some of that application so that when/if they ever need to make changes to it, they will have no choice, but to hunt you down.

        Then you can stick it to them by charging them 6 times your previous salary to "fix" the program or make the needed updates to it and while you are there, if that CEO is still there, you can send him an email advising him of the "savings" the cost-cutting of letting you go has done for the company he is running...

    --
    If you ignore the other uses of a tool, does that make the tool less useful, or you less useful?
  19. I wonder why... by frank_adrian314159 · · Score: 2, Funny
    ... while nursing a vodka...

    Why? Was it sick?

    No! It was just a down in the mouth!

    Thank you folks! I'll be here all week! Try the veal!

    --
    That is all.
  20. Filtering could do wonders by Gallvs · · Score: 5, Funny

    But reading and replying to dozens of employee messages each day takes time that could be spent doing something else. Skeptics say the practice distracts CEOs from more-pressing work

    Well, just use this procmail recipe to filter 90% of messages out:

    :0
    * ^From.*mycompany.com
    * ^Subject.*raise
    /dev/null

  21. Justify the $$ by Red+Flayer · · Score: 5, Funny

    ""Cinergy Corp. CEO James E. Rogers, who at 11 one evening was reading email from employees at home while nursing a vodka, is the norm, not the exception at major U.S. companies, the Wall Street Journal reports."

    Well, first, it's about time someone makes a big stink about all the long hours that justify the ever-growing disparity between executives' and workers' salaries. I was beginning to feel like the Joe Sixpacks at the plant were beginning to resent my Rolls Royce. Thanks for sticking up for us, Rogers!

    OTOH, why is Rogers allowed to drink while managing employee relations? Last time I tried that, I got slapped with a lawsuit for breach of due diligence, among other things. I mean, sure, I wasn't exactly nursing the vodka so much as slamming it, and the employee relations were more in the nature of physical contact, not email, but really... Some shareholder should call his lawyer.

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  22. A healthy way to do email as a CEO by davidwr · · Score: 5, Insightful

    1) have a whitelist of senders you always read
    2) have a spam-filter to filter out non-humans
    3) everything else goes to the "let my assistants handle it."

    Of #3, read:
    a) everything your assistants mark for your attention
    b) a RANDOM selection of everything else, so you can get a feel for what people are sending you. Don't spend too much time on these, maybe 15-60 minutes a day. Since your assistants are already doing the replies you don't even need to compose replies.

    3b is very important in the life of a CEO - it helps keep you informed of what your suborninates - at least those who are bold enough to email you - are thinking.

    If the George W. Bush did this, he'd have a better idea of what people are thinking. Damn thing is he probably IS reading a sample of letters/faxes/emails but not a RANDOM sample.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
    1. Re:A healthy way to do email as a CEO by glesga_kiss · · Score: 3, Insightful
      Damn thing is he probably IS reading a sample of letters/faxes/emails but not a RANDOM sample.

      This is a common problem when you have peons filtering for you, in fact it happens whenever you let anyone filter your information, be it commercial television, unethical staff, or simply those who spend way too much time watching their own asses!

      The problem is worse when you select people based on their filters. Environmental policy for one; the guy at the head of the US office used to work for asbestos and power industry! That's like hiring Dogbert to action the employee morale suggestion box...

  23. so it's okay to drink on the job??? by woodsrunner · · Score: 3, Funny

    I'd like to see those emails... they were probably like most late night alcoholic inspirations -- really great until the booze wore off.

  24. ceo pay by gizmo_mathboy · · Score: 3, Informative

    Unless you're management that number is closer to 400 times your salary. At least it's the righr order of magnitude.

  25. MOD parent UP... by advocate_one · · Score: 2, Insightful

    whoever modded him offtopic didn't see the joke...

    --
    Donald 'Duck' Dunn: We had a band powerful enough to turn goat piss into gasoline.
  26. Be careful if you email while drinking... by bytesmythe · · Score: 5, Funny
    Cinergy Corp. CEO James E. Rogers, who at 11 one evening was reading email from employees at home while nursing a vodka...

    After drinking for a solid hour, he started sending pathetic messages to former employees about how sorry he is they couldn't stay together and how he hopes they aren't bitter and if so then too bad because, hey, *HE'S* the one who dumped *THEM* and if they can't handle that then f*ck off, but maybe he can get together with them some weekend for a little "fun" sometime.

    He then passed out at the keyboard in a puddle of drool.

    --
    bytesmythe
    Hypocrisy is the resin that holds the plywood of society together.
    -- Scott Meyer
  27. Wait... by AugstWest · · Score: 2, Insightful

    There's post-Enron CEO accountability?

    In what alternate universe?

  28. Red Dot / Green Dot by exi1ed0ne · · Score: 4, Insightful

    For some reason, everytime I email a C*O it turns out to be a "Resume Generating Event" - Nobody likes being upstaged, especially clueless "Leadership". If it is a good idea, those above you will torpedo you because they are threatened. If it's a bad idea, you just broadcasted it to the top dog.

    Let the retards drive the company into a mess, or do the right thing? It's all about the ethics though. I've always used the "Nuclear Bomb" theory myself when dealing with these situations. Sure, you can only do it once. However, take as many of the bastards with you as you can.

    --
    Pessimists.net - as if life wasn't depressing enough.
    1. Re:Red Dot / Green Dot by StopSayingYouSir · · Score: 5, Insightful
      For some reason, everytime I email a C*O it turns out to be a "Resume Generating Event"

      I wonder why...

      • clueless "Leadership"
      • retards
      • bastards
      Couldn't possibly have anything to do with your attitude, could it?
    2. Re:Red Dot / Green Dot by exi1ed0ne · · Score: 2, Insightful

      Could be, but I really don't think so. Believe me, I wish it was that simple! I interact with lots of management (up to the board level) and in many cases the only job that many of these folks see is to keep theirs at any cost. I'm a little more PC than to address these individuals as "Hey, fuctard" no matter how well deserved! Favoratism, nepotism, and many other "isms" win out over the right thing every time.

      I've been the whipping boy in many scenerios, and the one thing it has taught me is to document everything. If a Leader is jockeying for political favor by offering up a sacrificial lamb, you'd better believe that I'll hang 'em out to dry.

      --
      Pessimists.net - as if life wasn't depressing enough.
  29. If you're the CEO... by Irish_Samurai · · Score: 2, Interesting

    ...Isn't it your job to make the company run smoother and more efficiently? SO if you have to work longer hours to do that, you're getting screwed?

    "I can't fathom how investors would accept that as a [good] way to spend your time," says David D'Alessandro, who ran John Hancock Financial Services Inc. until shortly after its 2004 acquisition by Manulife Financial Corp.

    Notice he doesn't run that company anymore. He writes books instead. He may be a little out of the loop on what C-level culture has turned into.

    I work with C-levels in my business, so emailing them and getting a response is not that big a deal. I can see how it would really boost morale, and keep everyone on their toes, if the drones feel they could skip the middle man and go to the top with an idea or complaint. They will get direct credit for an idea, and won't have complaint's filtered by "buddy system" middle management.

  30. Re:it's more self-aggrandizing egotistical behavio by yiantsbro · · Score: 3, Insightful

    Hey, we have a policy (quite and off the record) of reading employee email where I work as well--of course in our case I guess they didn't REALLY intend for us to read it.

  31. Uhuumm by dorkygeek · · Score: 2, Funny
    reading employee email helps the boss appear hands-on and accessible

    Which proves: we should all give the mailserver passwords to our bosses. Uh oh, wait a minute, he only reads the mails sent to him explicitely?! Sorry, misread that article again...

    --
    Windows is like decaf - it tastes like the real thing, but it won't get you through the day.
  32. An honest question... by DeusExMalex · · Score: 2, Insightful

    What exactly is it that CEOs do that they /shouldn't/ be reading email from their employees? Maybe I'm just uninformed, but don't CEOs merely preside over the company, while setting a direction and tone? It's not as if they spend all day coding or conducting experiments. What mission-critical function does the CEO serve such that reading employee email is a waste of time?

    I guess I'm asking what, exactly, a CEO should be doing instead of reading employee email?

    1. Re:An honest question... by ScentCone · · Score: 2, Informative

      I guess I'm asking what, exactly, a CEO should be doing instead of reading employee email?

      Spending hundreds of hours with accounting and legal teams dealing with mergers and acquisitions. Spending hundreds of hours making sure the right regional/departmental people are plugged into the right management jobs. Spending hundreds of hours being a face to investors (including institutional investors that can end up owning large portions of the company, and impact the stock price dramatically if they get the wrong idea about where the company's headed). That sort of thing. Doesn't mean there's no value is reading (wisely written/sent) employee e-mail, but thre are other duties - some of which actually are important to the future (and current) health of a thriving/growing company.

      --
      Don't disappoint your bird dog. Go to the range.
    2. Re:An honest question... by BewireNomali · · Score: 2, Interesting

      I recently freelanced for a financial services firm on wall street that's on the downslope. The CEO (and namesake) of that company, is the laughing stock of the industry. His CEO "friends" no longer return his calls, and previously friendly requests for meetings and luncheons are now seen as acts of desperation by the beleaguered head of a floundering firm. As a consequence of his misfortunes, this CEO (not a bad guy in my estimation) has not taken a salary for two years, diverted some of his own wealth to the company, and actually exposed his personal credit in order to offset the decreasing value of the company's corporate credit rating.

      It's awful to see a guy who accomplished a lot in his time start to fall off. It's even more awful to see his former "friends" and associates look down on him and now exclude him from the same circles he traveled frequently in recent memory. I've learned so much from watching this guy and from watching social interactions amongst fierce predators on national geographic. There is no such thing as friendship or comraderie. Strength is respected and accepted. Weakness is pounced upon mercilessly.

      All of which to say, I think you have a point. A CEO's salary and prominence is his "big swinging dick" - and not having one can be a detriment. It's a good point.

      --
      un burrito me trampeó.
  33. How about some equity... by faloi · · Score: 2, Insightful

    Skeptics say the practice distracts CEOs from more-pressing work -- and extends already long workdays

    But it's ok for the employees that get stuff out the door to be required to stay up until the wee hours of the morning to participate in a conference call with some people across the globe? Or for employees to spend all day answering emails and then start actually working round about 5? Don't expect me to cry a river for CEO's any time soon.

    --
    "It is a miracle that curiosity survives formal education." -Albert Einstein
  34. Re:This is a lousy idea. by Forbman · · Score: 3, Insightful

    If the hours spent on getting the job done were the only metric, then just about everyone at a corporation these days should get CxO salaries.

    CEOs probably need to worry if morale is going in the shitters.

    In the military, good leaders have a feel for how their E-2s and E-3's are doing. They don't go "into the trenches" every day, but they also realize that they sometimes need to see the world with their own eyes, instead of through the beer glasses of the people below them. These are the same leaders that seem to engender a sense of wanting to go the extra mile in their subordinates, instead of needing to do it out of basic fear and survival.

    Some leaders you will willingly eat glass for. Others you do it for simply out of fear, if you cannot avoid having to do it.

  35. So... by idlake · · Score: 2, Funny

    who at 11 one evening was reading email from employees at home while nursing a vodka

    So, one wonders: had those E-mails actually been sent to him, or was he just spying on their mailboxes?

  36. Corporate counterinsurgency strategy? by Brunellus · · Score: 3, Interesting

    A similar program was used to great success in the Philippines during the communist insurgency of the Hukbalahap between 1945 and 1952. Then-Secretary of Defense Ramon Magsaysay made it known that anyone could send a telegram to his office, free of charge, for almost any reason--to report military misconduct, corruption, rebel activity, etc.

    Thousands of telegrams came flooding in from rural stations. In one way, the program served as an extension of his famous random inspections of military units in the field--a move that increased effectiveness and readiness among those units. More importantly, it was a tremendous propaganda tool, giving even the most lowly peasant the chance to appeal to the very highest levels of the government--undercutting the mass base of the insurgents.

    This sort of policy, then, would be a great way of keeping a lid on corporate unhappiness, if combined with enlightened & effective management. Well we can dream, right?

  37. Re:Our CEO? by BewireNomali · · Score: 2, Funny

    lol, I temped once at this company, and a lot of the entry level/temp/freelance guys went outside to work on a freshly rolled fattie. This was also at a Christmas party.

    The CEO stepped outside for a breath of fresh air. He inhaled deeply, closed his eyes for a moment, and looked at us. By this time, the joint was hidden out of sight.

    He looked at me and said, "so are you going to pass that or what?" I sheepishly passed it, and he hogged it while shooting the shit with us. It was never discussed; but we were appalled.

    About a week later, he sent me an email asking me if I could get him more of that stuff. It was weird.

    --
    un burrito me trampeó.
  38. GWB's mailbox by Hoi+Polloi · · Score: 5, Funny

    God - Cease and Desist notice
    Amazon.com - Your order ("The Baby-sitters Club") has been shipped
    FCC - Revised naughty word list for your approval (added "bottom")
    New Orleans - HELP!
    CIA - Update: Still looking for WMDs
    Disney Corp. - Re: Extending copyrights to "end of time"
    Tom DeLay - Master, why have you forsaken me?
    Osama Bin Laden - Nyaah Nyaah!
    Southern Baptists - Correction, Earth is only 500 years old (not 5000)
    Satan - As per our agreement
    Iraq - LAST NOTICE: You still owe $50,000,000,000
    God - I did NOT tell you to bomb ANYONE!
    RNC - Shuttle trips for doners? What do you think?

    --
    It is by the juice of the coffee bean that thoughts acquire speed, the teeth acquire stains. The stains become a warning
  39. Re:What do CEOs actually DO? by generic-man · · Score: 2, Interesting

    It's supply and demand -- the same market factors that make A-Rod worth 400 times what you make. The CEO is often the most publicly-visible representative for your corporation, and his ability to make decisions about the operations of a company is just as important as his ability to go on CNBC and say something that makes people buy your stock. Someone needs an ideal mix of education, connections, public-relations acumen, and management experience to be a good CEO. After all, when you're the most public figure of a company, people from snarky bloggers to snarky software engineers all have better ideas than you do.

    --
    For more information, click here.
  40. On an entertaining note... by HerculesMO · · Score: 4, Funny

    And please excuuuuuuse me for being a bit sardonic in my wit, I was just joking around.

    The Tyco CEO (Dennis Kozlowski) went to where I graduated, Seton Hall University. He donated millions there and has a building named after him (at least I think he still does). He came to my school about 3 weeks before charges were brought up against him to give a speech, one I was required to attend by my Business Law class.

    The topic? "Business Ethics on a Global Scale"

    And even more entertaining? That's the THIRD building our school has named after a convicted criminal. I think we have a record or something...

    --
    The price is always right if someone else is paying.
  41. I bet it's rather amusing to read that INBOX by kingsqueak · · Score: 5, Insightful

    I think it's a good idea to have an open channel to the top, and I've worked with many principals that really do listen. However from what I've seen, most employees should think long and hard before clicking on 'send'.

    From what I've seen in quite small companies with principals open to direct communication, the majority of the employees do themselves more harm than good simply because they have no real perspective as to where they fit in the business.

    An example. Recently at a company 'meet and greet' dinner so that the local engineers can meet each other and find out what skillsets are there, a co-worker completely confused his place and what was to be gained with the meeting. The CEO, COO, and CTO were present along with a bunch of co-workers from local client sites.

    The co-worker babbled on and on about petty nonsense that was specific to our one particular site. Nothing to do with the other engineers' situations. Nothing having to do with company business at all, just petty political issues and generally self-serving complaints. Basically the co-worker saw what he did as "I showed them, I'm nobody's fool and they will see how powerful and valuable I am". The net result was that the CEO referred to the co-worker as 'a cancer on the company that should be removed at all costs'. The co-worker just doesn't have a clue about what it means to own and run a business and what his place is as an asset to the company.

    This isn't uncommon from what I've seen. People have this weird utopian view of how things should be, without any reality in the mix. Though ultimately it is only the fault of the employee, a direct channel to the top is only the express to unemployment for many confused people.

    If you can't clearly see the role of your CEO, you'd better think carefully before you click 'send'.

  42. CEO-Dot (aka Slashdot for CEO's) by Maxo-Texas · · Score: 2, Interesting

    Instead of direct email, they need to have a board pretty much like slashdot.
    New employees would start off with little Karma but could be modded up if they make a good suggestion.

    The CEO could choose to read "3" or "5" posts depending on their free time.
    I'd keep everything- even meta moderating.

    --
    She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.
  43. Re:What do CEOs actually DO? by Zevon+2000 · · Score: 2, Informative

    Generic-Man is right on. At most really large corporations, a CEO will spend 70-90% of his time in meetings. Often his presence is primarily to do with appearances. It's like having the King present--everyone is on their best behavior, does their best work, and considers the project that much more important. The CEO showing up at an employee's event gives that event credibility in the mind of the employees, and it validates his work.

    The CEO is generally one smart dude, but he by no means has to be the smartest. In a large corporation it's just physically impossible for him (or her) to know everything that's going on. He just needs to be able to guide the ship, motivate employees, inspire confidence in clients and investors, and make the occassional high level decision with input from his staff.

    --
    "Someone somewhere had to wear pants for the first time. The meek and indecisive do not change our world." -Montville