:CEO's Speech

With the above;

When it comes to lying, the CEO of large companies who are a breed apart. They can not only tell the bosses 8 and 9 of the lies that tell lies about the company, and they also have their own seven great lies. Which is the subject of this talk.

Note that in this article I will discuss the type of large public shareholding company's CEO who, rather than to impress and will be "CEO" business cards printed in small companies.

Lie 1: My income is based on performance on the basis of

Many of CEO being hired when they clearly know very well paid, regardless of how the company's performance. In other cases, the performance standard tilt so that they can easily be controlled, usually in the long run this will cause damage to the company. Prove performance of the CEO compensation has nothing to do with the easiest way is to compare with the economic growth. If the compensation based on performance is really on, then they should be roughly parallel to the track. In fact, the United States, the remuneration of the CEO and the U.S. economy, an increase of several orders of magnitude, particularly in the past three years.

Lies 2: The reason I make so much money because I value the money

Fifty years ago, CEO pay their average employee salary is 26 times. Today, the CEO of large companies pay their average employee salary is 300 to 500 times. CEO salaries have claimed that over time, their work more difficult than in the past. However, in the 1960s, the company's management skills may be as complex as it may be more complex than today. More importantly, "26 times" figure is about military pay higher than the average soldier's how many times. Clearly, the war involved in the decision-making skills far more than the skills of the management company, which makes the CEO, "I value the price," the protest into a ridiculous nonsense.

Lies 3: I will marry you, but to me after the divorce

Male CEO and female employees because they often have extra-marital affairs and notorious. However, when a CEO of a subsidiary, said he and his handsome wife to marry her after the divorce will almost always lying. Successful men, including senior management, a survey shows that people rarely engage in extramarital affairs and divorce his wife to marry their girlfriends. In fact, the 4,100 successful men surveyed, only 3% of the people and the lovers finally get married. So, ladies and rest assured, if you are a CEO to engage in extramarital affairs and, for him you are just another of his work an additional allowance.

Lies 4: My Board is an independent

Board members should check on the CEO to ensure that they truly represent the interests of investors. However, in many cases, the majority of board members is a confidant of the CEO, if not led by the CEO Board of Directors as well. In addition, directors are often CEO (other companies) or the CEO's admirers. Therefore, they ensure that the CEO's salary will continue to increase, even a CEO who fall badly, they still have a golden parachute to do protection. In this case, independence is impossible, which is why most sensible is to collect rubber stamp and sign checks up to the people.

Lies 5: I run this company

CEO of large companies have been greatly exaggerated importance. CEO of large companies are really doing is managing 5-15 executives, and executives of most of these highly skilled, with little need for guidance. More importantly, these executives are already familiar with their work culture, they know how to do things. Of course, there will be difficult decisions to do, but usually in relation to the needs of regulation between different groups. Even if the CEO is the CEO who were prominent with almost no desire to implement and cultural beliefs run counter to the direction of important changes. Most of the time, CEO who does not know what happened. In fact, when their companies make some of the amazing folly, they usually only admit stupid. (Such as Enron, BP and News Corp., etc.).

Lies 6: I support the Republican Party or the party's cause **

Many of CEO who pretend to support a political party or another party. However, when it comes to big business, the two little difference between political parties. Both political parties are addicted to corporate campaign donations from the projects, and politicians from both parties tend to leave when their business as a career path. Results, regardless of which political party in power, trade policies and government regulations continue to tilt to large companies. Therefore, regardless of support from the Republican Party branch or a branch **, in fact, every CEO in support of the same political party - big business party.

Lies 7: I respect my staff sincerely

Over the years, academic researchers, the CEO pointed out that a considerable number who are highly narcissistic. In fact, narcissism may be the success of their work an integral part. Narcissism, by definition does not really respect anyone else because they do not think is completely true. Thus, CEO who may tell them how to appreciate the contribution of employees, but may in their heart of hearts they believe employees are temporarily useful "things."