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September 20, 2007

Start-Up Success: A Smart, Effective CEO

Yeah, this seems painfully, stupidly obvious doesn’t it? But, “smart,” “effective” and “CEO” doesn’t alway go together. One start-up I worked with had a CEO that was almost never in his office, didn’t answer his phone and when he did fly in/by – held long tedious meetings in which very little actually got done. Nobody, including his secretary, really knew what he did or where he went. (His gig ended with a huge class action suit filed by stockholders, but that’s a story for off-line over martinis. Ah-yahh!)

Then in my blog travels I run across this old quote by Jeff Nolan on why he left his CEO post: “As the single most expensive employee in the company it really doesn’t make much sense to be paying me when 2 additional engineers would do the company far more in the way of value creation.”

Wow! Now that’s being both smart and effective. Of course, I suspect that Mr. Nolan has real job skills…

Related Post:
Start-Up Success: People Before Plan

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2 Responses to “Start-Up Success: A Smart, Effective CEO”

  1. Mark Cahill says:

    He was probably beaten to death in the parking lot on his way out by a mob of CEOs wielding machetes and clubs…

  2. mary says:

    Amazing as it seems, Jeff Nolan is apparently live and well…and still blogging.

    But, I bet the “BIg C” fraternity council had some harsh words with him! ;-)

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