> the actual outcome of Yahoo's business is irrelevant to her
Maybe, but I doubt. An executive like her wouldn't settle just for a paycheck, success and image are way more important. Instead of becoming the CEO that saved Yahoo, her legacy is that she will become the last CEO of Yahoo (when the worst case happens) that didn't turn Yahoo around plus acquired a bunch of expensive startups. Oh yeah she did turn the culture around inside Yahoo more Google-like benefit, but history book usually tells the bad things first.
In fact it doesn't take an executive role to understand. I wouldn't want to go to another job with little accomplishment in my previous job. I just feel shit if I do.
> An executive like her wouldn't settle just for a paycheck, success and image are way more important.
> I wouldn't want to go to another job with little accomplishment in my previous job. I just feel shit if I do.
Bullshit. Most people would be fine feeling a little shitty for a few years for THREE HUNDRED MILLION DOLLARS.
This theory that somehow executives are motivated "differently" is totally bonkers. They're just as selfish and short sighted and apathetic as you or me, but they're playing at the high-roller table with other people's money.
Quite; consider that in terms of both jobs and shareholder value destroyed, Fiorina has a decent claim on the title of "worst CEO ever" but she did alright out of it herself and is now bragging about how her corporate experience makes her presidential material.
The part of me that loves satire was hoping for a joint Trump/Fiorina bill where they'd both be talking about applying their fantastic business experience in the White House.
Very good and apt reply. I mean there wasn't much of a "push" for her to perform as compared to an engineer. She was already making way too much more. But so do many a politicians. They just successfully sell themselves to "foolish" willing buyers.
This is excellent response. All this 'Greater calling' by most people at top of corporate ladder is bullshit. They have orders of magnitude more time and money to talk about issues irrelevant to business. This way they can ensure tragic/glorious profiles by hacks about their life and times.
No bullshit. Ego plays a huge factor here. I have a high ego and I work competitively, so I am going to be extremely upset if I can't deliver my promises when I sign up for the job. If you are the kind of person that doesn't have high ego for anything you do, be my guest. Would you rather have people mention all the greatness of your accomplishment behind your back or would you want to hear rumors of you getting fired and all the shit work you did? How would you feel if your boss has doubt about your performance? She probably should take a pay cut because she's doing a poor job but I am arguing that some people aren't all about money.
Please don't call my point bullshit because that's horseshit plus we aren't her, so everything here is simply personal perspective.
300 MILLION DOLLARS is not as much to Marisa Mayer as it is to most people. She was already fabulously wealthy before yahoo. I'm not saying she doesn't want the money, but thinking it's her only or main motivator is naive
I think you're completely wrong, maybe you dont know what youre talking about (by not being at exec mulit m position). You judge compensation from your perspective.
My argument is: you forgotten (financial) starting point of her. Jump to yahoo didnt increase her situation x7 (capital) and this is currently widely believed change which must happen to individual to have permanent happines increase because of financial change (inducing financial backed motivation). She for sure is aware of how it works.
That being told your argument against that success and image is not important to her is wrong. It is much more important to her than money compensation.
Have a look at the history of "failed" CEOs. Do they end up back at middle management? How does one measure success in industry? Simple answer: by the size of the check you receive. With $55 million, she could bloody retire and laugh her way to the bank.
Maybe, but I doubt. An executive like her wouldn't settle just for a paycheck, success and image are way more important. Instead of becoming the CEO that saved Yahoo, her legacy is that she will become the last CEO of Yahoo (when the worst case happens) that didn't turn Yahoo around plus acquired a bunch of expensive startups. Oh yeah she did turn the culture around inside Yahoo more Google-like benefit, but history book usually tells the bad things first.
In fact it doesn't take an executive role to understand. I wouldn't want to go to another job with little accomplishment in my previous job. I just feel shit if I do.