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Posts Tagged ‘corporate incompetence’

CEO’s of Large Companies Are Largely Incompetent

Most CEOs of large corporations don’t have a clue about what they are doing. The new CEO of General Motors, for example, comes from the high tech sector. Other than driving a vehicle, his knowledge of building cars is as limited as the average joe on the streets. He is being brought in to cut jobs that will improve GM’s stock price. That’s his expertise. See the link below.

http://www.nytimes.com/2009/12/22/business/global/22saab.html?_r=1&th=&adxnnl=1&emc=th&adxnnlx=1261504971-EeEzc3rTKjWj2OnM9d1lRA

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