Klaus Kneale has written a brief apologist piece in Forbes on chief executives and the particular problems they and their companies currently face.  According to Kneale,

The title of chief executive has become fraught with peril. All blame, no reward. Every chief executive, good or bad, is overpaid. (According to whom? Everyone, apparently.) Grabbing the reins of a distressed company will be a sure-fire way to get publicly villainized and possibly sued. Turnaround artists who are chief executive candidates will ask, “Can I have the same powers and responsibilities but a different job title?” No.  

Check out the short piece, it’s worth a quick read.  While I don’t personally agree with Kneale’s conclusions I have found it useful to read how he views their role. 

This entry was posted on Friday, December 19th, 2008 at 3:56 pm and is filed under Liberum Management Change. You can follow any responses to this entry through the RSS 2.0 feed.