CapitalistMarks

CEO solution for economic stimulus and failed corporations.

Posted on 31. Mar, 2009 by scott in Social commentary, economic daydreaming

I have been wondering lately if the key executives in American companies care about anything other than? their own fat paycheck.? With ‘boards’ (the director type)?loaded with their own ‘interlocked’ friends, is it any wonder execs get away with all the crimes we have been hearing about?? Interlocked boards are those with board of directors who all have interlocking relationships.? In other words, a CEO of company A, asks his buddy who is a CEO at compay B to serve on his board . . . and the favor is returned.?

Multiply the above scenario by way, way too many corporate boards and you have a recipe for disaster.? We are living the results right now (sort of like term limits isn’t it?).? We aren’t getting the ‘best and brightest’ to run our companies, we are getting the ‘best connected.’? A far different circumstance than the average Joe understands.? Truth is the government is the same way.? Shucks, on Fox network’s “24″ last night the President asked her own daughter to be her new chief of staff.? Where do you think the writers got the idea for that?? Yehhp, from the great example of our country’s top corporations and their ‘interlocked’ and demonstrably incompetent boards.

I have a solution.? Replace all?executive sin America with someone capable of doing everything required and still have time left over to help a few neighbors.??Don’t laugh, this is serious stuff.? Our corporations, directed by their ‘boards’, are failing miserably at their mandates (to make money for their shareholders and provide security for their employees).? We need real change.

We need executives with the following traits:

????????? honesty, integrity, concern for others, love (for what they do–not for what they can rip from the cold hands of shareholders), commitment, ability to multitask, focus, native intelligence, desire, decisiveness, analytical ability, willingness to learn new things and then make them work . . . aw Jeez Lousie, I could go on forever here.? But, you get the point.? All the things our current batch of exec’s don’t understand let alone possess.

So, I have searched my memory for all of the executive types I have ever met (myself included).? You know what?? None of them meet the proper range of above criteria.?

So I thought some more.? Do Execs need to have MBA’s or Law degrees or Phd’s?? Heck no.? Do they need to have tons of experience in the field they are working?? Heck no (now this may not be ovbious, but good execs delegate and only make decisions when provided with reasonable alternatives).? Do they need to be the smartest dudes around?? Heck no (and here I need merely refer to the numerous knuckleheads who have failed miserably in their exec positions lately — throw a dart at any group of execs and you are probably going to hit one with an IQ lower than Forest Gump’s).

Back to the drawing boards.?

Then,?Eureka!?

I realized there are a whole bunch of folk out there that meet ALL of the above criteria.? They are faced with multi-task situations every day and make them work.? They labor more hours?than a first year law student.? They are honest, to a fault usually, with all those around them (except when it might hurt feelings and then they just tweak the truth to make it more palatable).? They learn quickly and prove it many times every day.? They?hit the floor running with every new situation that is thrown at them.? They are committed to doing–and doing well.? They are masters of the ’steep learning curve’.? They are intelligent and prove it over and over again.? They can analyze, compute the options, figure out the risks and then decide, and when they do decide nothing on earth will change their direction–unless the facts, or the needs,?change.? Then they are superbly adaptable.? They run around all day long like chickens with their heads cut off, but they do it purposefully and with great efficiency.

We have hundreds of thousands of this special type of person out there.? And let me tell you, they would love those ‘cushy’ executive jobs with the high pay and the?superb benefits and the much shorter hours.? Heck they would probably do all that is required for freaking?FREE.??Just give them hope that they?might enjoy the positive outcomes of their labors with a few restful days at the beach.? Maybe breakfast in bed.? Who knows, a few stock options wouldn’t hurt.

Yeah, they are out there and they are waiting, willing and able.? Call ‘em, telegraph ‘em, fax ‘em, but get them to work on our problems and then get outta the way?’cuz they will make things happen and fast!

I’m talking about stay-at-home moms.?

Right.? you read it correctly.?

Those underappreciated and?overworked bunch of loving, committed, intelligent, wise (there is a difference), quick-witted, top-notch executive capable, women are waiting for the call.

Use them America!??The rest of the world would have to watch out.?

Stay-at-home moms.?

America’s last great resource.?

The best Executives you could ever find!

Stimulus, shimulus!? Problem solved.

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A special thanks to my mom, my wife, my daughter and three daughter-in-laws — everyone of them great mothers and potentially super-great executives!

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Thanks to flickr’ cornish.pixie07 for the photo

Tags: '24', board of directors, ceo's, executives, stimulus