Nov 21, 2014
4:43:33pm
4:43:33pm
Firing CEOs also results in lower performance in the short run
That's also empirically documented. But, in firms and football teams alike, making the changes necessary to reposition the team/company for the future often requires finally recognizing losses (write offs, kicking players off the team, etc.) that were ignored previously.
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- DrBYU
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