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Absolutely, just have inflated egos of being iim alumni , aata jata jhaant na ho
Yea these guys are just "Consultants".....
Because if they are just Consultants then I'm still a 5th standard kid.
Those are veteran CEOs. It ain't child's play to be a fortune 500 CEO.
For reference -
Laxman Narasimhan (Starbucks) LinkedIn:
CEO Starbucks
CEO Reckitt
Regional CEO and CxO PepsiCo
Director McKinsey
MBA Wharton
John Donahoe (nike) LinkedIn:
CEO Nike
CEO ServiceNow
Chairman PayPal
CEO eBay
CEO Bain
MBA Stanford
Consultants are shit. They mess everything up. -Steve jobs
If they're so bad why were they hired in the first place? The type of CEOs being hired now are the "turnaround" ones, to "recover" the stock price by any means, take the fall for it, and be out in a year or two.
Absolutely, most of the hiring firing decisions can be co-related to stock price.