Too often we just expect our leaders to show up and lead. But when they fail, why is it they are jumping overboard and making millions. More times than not, you hear about CEO’s and Executives being dismissed with a multi-million dollar parchutes. In a country where you can rise from “rags to riches” you also need to have accountability. Too often companies get tied up with attracting the big name to try and save them or restructure their broken system. Instead of going after the high paid CEO’s we need to spend the money on analyzing the system and adjusting it accordingly. Ultimately, one person isn’t going to turn the company around. A group effort will needed to see this become a reality.
I believe in capitalism and letting the market determine what you are worth but ultimately there needs to be some accountablity so top level executives aren’t being chased out of town with a golden parachute. It comes down to the system, which is definitely broken. We need to address this issue and until we fix it, we can only blame ourselves.