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