[quote=UCGal][quote=dbapig]Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
My observation of working at tech companies for 25 years… CEOs are either brought in from other companies – or are promoted from sales, marketing, finance, or operations. Even if they had a tech degree (about 20% of S&P 500 ceo’s) they switch to other fields pretty early in their career. Only 10% of the S&P CEOs came out of engineering.
As far as Ivy league – Harvard is it. But it looks like you could save some $ by sending your future CEO child to the University of Wisconsin… Degrees from Harvard and UofW are the most common among the S&P500 CEOS.
The face of tech is changing, and has been. In the past decade, it was dominated here in U.S. in SiValley. But let’s face it. You know and I know where the VC money is investing these days too. It’s not just about replacing worker bees. The entire company idea/fabrication, management/CEO is overseas.
If in doubt, just follow the line and and figure out who’s eatting (ate) the wireless infrastructure business from companies like Lucent/Nortel/Motorola.
…..Huawei…..I don’t like it anymore than probably anyone else here. But the fact of the matter is this globalization has made the things much more competitive.
I don’t understand why folks like EQ are deluded into thinking that there’s split between folks who have brilliant ideas can just hire talent to do the real work. I highly doubt have been in the game for real (at least not in tech)… Because tech co’s not requiring heavy capital investment (such as software) have very low barriers to entry. Couple that with some countries with very little respect for IP (china/india), there’s really nothing stopping someone else to duplicate that great idea if you really can just hire a bunch of drones to duplicate the work. What it comes down to is execution…And that’s when you call up your buddies who are buddies who actually can do the work. That’s how it works, and how it’s been working for so long.
And for tech’s requiring huge capital investments..That’s probably out of the league of most entrepreneurs in today’s economy, unless you really want to get eaten alive by the VC. Good luck getting buy in from Kleiner Perkins or the likes these days. My seed money came from overseas, frankly.
Anyway, it’s a moot point. Because I highly doubt anyone here is a fortune 500 ceo who posts here. So, this is resorting to a “my granddaddy can kick your granddaddy’s ass” type of thread, isn’t it? I could care less who’s ceo of what, as long as it contributes to the growth of the U.S for my kid’s sake. I surely hope my kid doesn’t have to end up being a trust funded baby because there isn’t anything left here.
