Founders Make Better CEOs
I am at work and just read this Fortune article that May sent me. It explains why founders usually make better CEOs than hired ones. I personally worked with two professional CEOs and I agree with the author. Founders have a vested interest in a company’s success that transcends short-term capital gains. The interests of long-term shareholders are usually better aligned with the ones of a founder, and unless she really cannot do the job, I tend to think that no one is better qualified to lead a company on the long run than the person who started the company at the first place. At least this is what I learned the hard way.
No Comments Yet