Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unblock

(51,974 posts)
6. actually, ceos are more irrational than most.
Fri Aug 10, 2012, 08:18 AM
Aug 2012

the stupid standard construct has a single person being at the top of a power pyramid, which then requires the ceo to make many, many quick decisions based on limited information and limited time to digest that information on a broad range of topics.

most people decline to make decisions on such a basis because they know they'll screw up out of haste or lack of expertise.

not ceos.

they arrogantly make those calls, typically after getting support from a subordinate for the position taken so they can blame a bad outcome on their bad advice.

except for very small companies, the modern concept and implementation of the ceo role is itself entirely irrational.

Great analysis - thanks for sharing nt MannyGoldstein Aug 2012 #1
All good points Roy Rolling Aug 2012 #24
Papa John has held Romney fundraisers at his KY mansion. JaneQPublic Aug 2012 #37
thanks Manny grantcart Aug 2012 #57
Thanks for posting this analysis. K&R myrna minx Aug 2012 #2
Especially good because it makes the point in "business" talk... rfranklin Aug 2012 #3
actually, ceos are more irrational than most. unblock Aug 2012 #6
Actually CEOs are usually very rational in the area that they first progressed in grantcart Aug 2012 #9
sure, most ceos have some area of competence, even expertise. unblock Aug 2012 #33
Studies have shown, the better CEOs do almost no work. happyslug Aug 2012 #53
When I read his comments, I thought, I'd gladly pay an extra 20 cents justiceischeap Aug 2012 #4
great article, though point #1 is overstated. unblock Aug 2012 #5
no point #1 is not overstated grantcart Aug 2012 #7
no, there are certainly industry-wide cost increases that can lead to industry-wide price increases. unblock Aug 2012 #28
this was a great read. barbtries Aug 2012 #8
I noticed it as well but thought that most people would drop out before getting there lol grantcart Aug 2012 #10
nope, barbtries Aug 2012 #16
thanks, I only have a few minutes a day to go on to DU so I won't have time to place it elsewhere grantcart Aug 2012 #40
K&R but some of us were pointing this crap out when he was just getting his business up Egalitarian Thug Aug 2012 #11
If I was a Papa John's employee I would have been PISSED LynneSin Aug 2012 #12
I started my business in 2000 and, like you, I... Bonhomme Richard Aug 2012 #13
Bringing up R&D eh Broderick Aug 2012 #17
I'm not so sure about points #2 and #3 Fumesucker Aug 2012 #14
+1 area51 Aug 2012 #18
Yep. progressoid Aug 2012 #23
They'll raid the treasury first Hydra Aug 2012 #60
This message was self-deleted by its author ProdigalJunkMail Aug 2012 #25
Papa John's major competitive disadvantage is that their pizza tastes like ass. Warren Stupidity Aug 2012 #15
Dead raccoon in the birdbath ass Raster Aug 2012 #21
Sometimes, it tastes worse than actual Papa Johns. HughBeaumont Aug 2012 #30
worse than papa johns is actually hard to imagine. Warren Stupidity Aug 2012 #36
I just don't understand why people who choose to actually eat this pizza. Jennicut Aug 2012 #38
K & R Lefty Thinker Aug 2012 #19
Bookmarked! SnowCritter Aug 2012 #20
Beyond the wider/philosophical business-speak... noel711 Aug 2012 #22
The only time I eat chain pizza is when others choose and pay Patiod Aug 2012 #31
+1 !! K8-EEE Aug 2012 #41
exactly rockingirl Aug 2012 #61
Who cares about a piece of cardboard with ketchup on it santamargarita Aug 2012 #26
Employee Morale in the Food Handling Business Is Paramount. Yavin4 Aug 2012 #27
Without employees, Papa John's is nothing. BlueToTheBone Aug 2012 #29
There you go again with logic and facts lobodons Aug 2012 #32
Thanks! Dyedinthewoolliberal Aug 2012 #34
Very well written. Ruby the Liberal Aug 2012 #35
Your graph says it all and makes me think of this picture grantcart Aug 2012 #51
wow heaven05 Aug 2012 #39
Grantcart, thanks for giving details on how an enlightened business is run well. freshwest Aug 2012 #42
Impressive! Thanks for this post, grantcart. calimary Aug 2012 #43
And, I wouldn't simply accept the 20c cost increase # spooky3 Aug 2012 #44
Schnatter's comments were ideological, plain and simple. drm604 Aug 2012 #45
k femrap Aug 2012 #46
What Papa John's would never admit and may not be smart enough to understand JDPriestly Aug 2012 #47
Good points n/t spooky3 Aug 2012 #48
#5 CEO's Stupidity trickles down to Franchisee, hurts their profit SaveAmerica Aug 2012 #49
He showed not only contempt for his employees, but contempt for his customers as well. Vurz Aug 2012 #50
welcome to DU, and I agree with you. spooky3 Aug 2012 #63
Dear Papa John, it is this simple; Live and Learn Aug 2012 #52
i would never eat that disgusting pizza, I would happily donate an exta 20 cents to smirkymonkey Aug 2012 #65
maybe he should start talking about what will happen to his prices ThomThom Aug 2012 #54
This should be spread far and wide abelenkpe Aug 2012 #55
you are free to spread it, I am not on either, thanks grantcart Aug 2012 #56
+1 1StrongBlackMan Aug 2012 #58
Excellent analysis, but point 4 is irrelevent. Curmudgeoness Aug 2012 #59
If I'd have any pizza place give me the choice of paying $19 or $19.20 tandot Aug 2012 #62
I hope you share this elsewhere! snot Aug 2012 #64
you speak good old common sense like my banker Dad used to Swagman Aug 2012 #66
Latest Discussions»General Discussion»From an Ex CEO: Why John ...»Reply #6