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Running a Corporation

September 17th, 2008

Carly Fiorina, CEO of HP, recently got into trouble when she said that Sarah Palin couldn’t run a corporation. She quickly amended that to say that she was talking about specific business credentials, and that John McCain (who was responsible for the BlackBerry, don’t you know), Barack Obama, and Joe Biden were similarly unqualified.

That brought me to think about exactly that question–how would each of the four perform as a chief executive of a corporation? Having no experience in or knowledge of the job or the environment, let me give my completely unqualified assessment, and see if you agree.

McCain would be the closest thing to a pointy-haired boss; especially in a tech corporation, he would likely not understand what he was selling. He would probably lead by whim more than by far-sighted planning, and would probably be easily influenced by those around him, doing either the last thing someone told him was a good idea, or the thing that the most people on his senior staff thought was a good idea. His mercurial temper would not help. He might have a few priorities and directions he would want to go in, but these would be limited in scope and importance. He would be uninspiring overall–workers would be less than impressed with grampaw’s war stories, and more affected by his poor speaking style. His health would spark concerns that would dampen (or, I suppose, spark) stock prices, and people would always be asking about who’s next in line to take over.

Palin would be the usurper, the lightweight that shot up to the top for a variety of reasons not having much to do with actual talent. Though sharp and ambitious, she would not be the productive type; she would have gotten to where she was over the backs of others she tore down along the way, or by the helping hand of those above who favored her. There would be widespread concern about how capably she would govern, and while she might win over the PR crowd, the professionals would have strong doubts. The social pages of the newspapers might herald her self-proclaimed accomplishments, but those in the know would laugh at the claims and understand her for the lightweight she is; look to the boring columns in the financial sections to read far-less-optimistic reviews. Those working for the company would be unhappy–people in any management position would be in constant fear of being fired (except for the neophytes, cronies, and kiss-ups), and those below would be wondering what draconian edicts would restrict their working conditions next. She would bring light to the company, but not progress, efficiency, or productivity.

Biden would be the college-professor type of CEO–a good deal of knowledge and experience, but otherwise uninspiring. He might miss the big picture for the details, and some would see him as ineffectual. While some workers would be comfortable with the low-key professional, others would be worried about whether or not this leader could take the business where it needs to go, and whether the big boss had what it takes to sell the company and make it thrive. Biden would have connections, but not necessarily the power to bring the company to the heights expected of it. He would be far preferable to McCain or Palin, but would just not be the type who would make a company a great one. The corporation he ran would be as low-key as he is–getting by, doing OK, but never in the big leagues.

Obama, while a new face, would be the only one who would really do well as a CEO. While relatively inexperienced, he would have two necessary things that any of the other three would not: the charisma to drive the company and sell the product, and the intellect to grasp what the company needs to do and how to do it. While Obama technically has no executive experience, he did start from virtually nothing and build a multi-hundred-million-dollar organization which took on and took down one of the biggest, if not the biggest political dynasty around. Obama is, in fact, closer to a self-made dotcom startup that offers a great new product that everyone wants to try. It might be heavy on flash and style, and it will have bugs, but still has the substance to sell. There is the same effect in both cases–people who like the product say it’s really great, and the naysayers quickly tire of the fans, exaggerate the expectations, and then try to shoot down the company for not being 100% perfect and delivering a product of god-like perfection. But the product is still solid and sells well. Obama is similar to Steve Jobs–someone with very good business intuition and the public persona to sell it. Everyone working for him might wonder if he could take on Microsoft after leaving Dell in the dust, but they’d be optimistic about the stock options and excited about the person leading their corporation.

Thoughts?

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