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Why would you be mad that a CEO makes $3 million a year but not mad pro athletes & actors make more?
in Philosophy
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On the other hand a sportsperson or actor can deliver entertainment to millions of people and the service is directly related to their efforts. How entertaining is a boxing match with no boxers?
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Leadership is largely misunderstood as being synonymous with "Being in charge" when that's simply not the case. One does not need to be in charge of anything in order to lead, one doesn't need any authority at all as a matter of fact. Being a boss does not make you a leader and vice a versa.
Leadership is hands down the most critical skill in an organization. Without leadership, you have no organization, no direction, no goals, and overall no success. In my opinion, the reason why people generally hold such disdain for CEOs and other leadership roles in organizations is because seldom do people have any understanding of exactly what leadership is and more importantly...how to obtain the skill set. It's simple to quantify a football player's skill set, they practice a majority of their life by physically training and exercising in ways that compliment the game they specialize in. Now try to quantify a CEO's skill set. For that matter, try to explain leadership.
The simple fact is that Leaders are always needed, anyone who can read and write can follow menial tasks and basic instructions...but Leaders shape the world we live in. Take the coaches out of football and you've got a bunch of unskilled athletes, take the NFL CEOs out of the game and you've got no game coverage, funding or organized competition. Take the Director out of the movie and the actors stand around wondering what's going on. Take the CEO out of the company and no one is ultimately responsible for the direction of the company and decisions regarding the company's future will come to a halt.
"There's going to be a special place in Hell for people who spread lies through the veil of logical fallacies disguised as rational argument".
"Oh, you don't like my sarcasm? Well I don't much appreciate your stupid".
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Some people, however, are not in favor of the free market, and they have their own scale of how much income a given person "deserves". People with more socialist views tend to exhibit this behavior. In their case, you can only learn why they have a certain scale by talking to them; there is no universal guideline, and different people will have different scales.
From my perspective, as someone who has seen the insides of successful business companies and been present at CEO meetings, let me just say that many people do not realize just how much CEOs have to know and do. Knowing the intricacies of the market and the economy to be able to get the most out of them is hard enough. Add to that the need to maintain hundreds contacts, to negotiate difficult deals with millions dollars at stake, the need to control the work flow of the entire company (let alone international corporation), the need to make sure the top managers are doing what they are supposed to do, the need to constantly make company-wide speeches to be seen as a good leader and get positive publicity... And most importantly - how much you and everyone else stands to lose if you fail your company.
Some people just assume that because CEOs are very rich, their lives are easy. They should realize that the richer one is, the more responsibility they have, and the more they stand to lose if something goes wrong. A person with a $2,000 car crashing it loses much less than a person with a $200,000 car crashing it, and a person who lives a regular life takes much fewer risks than a person holding a fortune of dozens people in their hands, including their own.
If you look deep enough, you will see that people on top of, pretty much, any profession have very challenging and emotionally taxing jobs. Whether you are a carpenter or a king, if you are one of the best in your class, then you have to endure the degree of competition few people can even imagine.
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;-)
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