CEO stuff Flashcards
1
Q
Name benefitis/disadvantages of CEO - duality
A
CEO also holds the position of Chairperson of the Board
- Streamlines decision-making processes
- lack of oversight
- concentration of power
- Governance Concerns
examples: elon musk, Mark Zuckerberg
2
Q
Name benefitis/disadvantages of the Co - CEO model
A
- higher revenue cause Co CEOs get less payment
- Division of Responsibilities: different strength, expertise
- workload distribution
- complementary skills = balanced decision making
- potential for conflict
- decision making delays
example: oracle
