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Comment on Why CEOs fail After reading this article I think Ive learned a lot about successful CEOs and especially unsuccessful CEOs This article drives home that what a competent CEO should do and what are the common problems that CEOs have to face to lead the company and business Firstly a CEO must be a smart and capable man heshe must know what the whole business is and how to deal with it HeShe should be sober about the situation that the company or corporation is facing and he should be aware and alarm of his business alliance and competitors Most CEOs can do the things above pretty well according to the article and what caused the incompetence is not really business affairs but affairs with execution and staffing One common mistake about unsuccessful CEOs is that they are being indecisive and are not delivering on commitments The situation is always complex Sometimes its because the subordinates are thought to be so talented that the CEO persuades himself that it is impossible for them to make mistakes and sometimes its because the subordinates have wide and complex relations with press or economics field so the CEO didnt want to fire them and affect the companys social image in other case the CEO didnt want to fire the subordinates until the last minute because they are good friends and have good private relationships He is my guy as one CEO said These are all reasons that fail a CEO From these facts we can conclude that a successful CEO must be good and competent both in business and execution Of course not all the unsuccessful CEOs fail in execution There are a lot of things that a good CEO should care about HeShe has to be a good and foresighted decision-maker HeShe has to plan for the business for a long time goal and also a short time objective HeShe has to make the business
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