While I have no idea what sort of person John Paulson is nor
what his role has been as CEO, I would say that all the
officers share responsibility for any negative aspects of a
company or that company's products. They're the ones in
charge, and they're the ones taking home the biggest
paychecks. I've never understood why a company has both a
president and a CEO, since what I understand a CEO to be
doing is what I had always thought a president was supposed
to do. It's that sort of top-heavy management in many
companies these days which might be the reason for nobody
ultimately having responsibility for seeing that anything is
done properly.
If the CEO is really the Chief Executive Officer, what does
the president do? Sit around and say "Gee, it's good to be
the president." or are there responsibilities in the
day-to-day operation of the company?
Reading such a press release makes it sound as if Paulson
suddenly got spooked and is jumping ship, but in reality
there are many reasons he may be leaving, none of which
would make it into such a terse announcement. All such an
announcement really means is that Paulson is resigning.
Nothing more, nothing less.
I think we simply have to wait and see if the corporate
culture changes and if any major alterations in the product
lines or in the way bugs are fixed or not fixed will occur.
Personally, I'd be a lot more spooked if the announcement
said the entire development team had resigned. ;-)
David H. Bailey
shirling & neueweise wrote:
is the CEO responsible for these problems you have articulated? has he
contributed to the improvement or decline of the company or to the
product (i assume you are referring to finale) in your view? or is he
honestly dedicated to the product but bailing ship because of an
unresolvable pestilence in the development and marketing department that
will ultimately lead to the downfall of the company?
i don't know, your comments sound a bit simple to me, for a situation
that is surely fairly complex.
Perhaps the myopic vision that has been prevalent in the company will
finally be cured? Maybe they will fix bugs, listen to long time users,
address problems, add features people actually want?
Naw........I didn't think so either.........
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David H. Bailey
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