By Carl Schramm
Every CEO is a politician. Not every politician is a CEO.
The current set of messes that President Obama faces makes the point. They are
as much management failures as they are political/legal nightmares. There is a
price for having no market-facing executive experience. Indeed, Mr. Obama’s
first cabinet had almost no private sector management experience.
Most of our better presidents have had business or
military leadership experience. This is of tremendous value when running the
world’s largest organization. Those who haven’t, like Bill Clinton himself,
tested by failure as a politician and familiar with the executive role governors
play, knew that private sector executives have a different view of what
successful management is and kept a few close at hand. [more...]
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