Top Paid CEOs Did Not Perform Well as a Group in 2008 [View article]
I don't believe CEO's need to earn hundreds of millions of dollars. But I have 2 observations. First, CEO bashing is a great pastime, but how many of the Bashers have tried to run a complex organization? I suspect most of the comments are from 'Monday morning quarterbacks.'
My second observation is that I have always been curios why it is immoral for CEOs and others in the business and finance world to earn a million dollars per year, but it is OK for Oprah to earn about $100 million per year, or for Manny Ramirez or Alex Rodriguez to earn $25 million per year. If earning over a million dollars is immoral, then it is immoral. It should not matter that one person is a CEO and another is an entertainer.
1. Bloggers really enjoy trashing CEO's. How many of you have been a CEO? Not all CEOs are good, but not all are bad. And if you are so good, why doesn't someone like Nortel hire you????
2. Nortel does not have a VoIP strategy. I know from first hand experience.
Top Paid CEOs Did Not Perform Well as a Group in 2008 [View article]
My second observation is that I have always been curios why it is immoral for CEOs and others in the business and finance world to earn a million dollars per year, but it is OK for Oprah to earn about $100 million per year, or for Manny Ramirez or Alex Rodriguez to earn $25 million per year. If earning over a million dollars is immoral, then it is immoral. It should not matter that one person is a CEO and another is an entertainer.
What to Expect from Nortel in '09 [View article]
2. Nortel does not have a VoIP strategy. I know from first hand experience.