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The Priorities of a CEO

Samuelson's article identifies the American public as being "conspicuously complicit" in the ever-increasing budget deficit because "we're focused on our own entitlements."

Does this concept carry over to corporate culture? What priorities should a CEO have in terms of providing for his or her employees while also properly managing the finances of the company? Should an executive of a state or country have the same priorities?

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Basically, yes, but only to a point. One of the biggest problems, whether we're dealing with the American public, the corporate environment, or the government is that because we have increased our standard of living, we're prone to extremes. The more money we pay employees, the more we believe they'll work hard for us (and they oftentimes do), the more we pay CEOs, the harder they will work to run the company, and the more we pay our elected officials, the harder they'll fight for ...

Solution Summary

Samuelson's article identifies the American public as being "conspicuously complicit" in the ever-increasing budget deficit because "we're focused on our own entitlements."

Does this concept carry over to corporate culture? What priorities should a CEO have in terms of providing for his or her employees while also properly managing the finances of the company? Should an executive of a state or country have the same priorities?

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