| Tuesday, March 15, 2005 - 05:35 pm |
One of the biggest drawbacks of CEOs is the loss of control a president has over his workforce, and of his income stream. The introduction of the common market has created the situation where many CEOs deliberately run corps at a loss, thus making CEO corps even less desirable.
Boosting the profitability of CEO corps is a great idea in principle, but president's need to be given greater powers over CEOs too.
I suggest that presidents be given the following powers over CEO corps in their countries:
1. Ability to change a CEO corp's buy/sell strategy. (CEOs go inactive, or make dumb choices)
2. Ability to integrate the CEOs corps supplies and production into a country's common/local market.
3. Ability to limit/force the buying of upgrades of CEO corps.
4. Ability to set a minimum profit payment per worker for the CEO corp, even for CEO corps running at a loss (which can be no greater than the average PPW for corps in that country).
5. Ability to set salaries and hiring for CEO corps.
6. Ability to evict a CEO from the country. (Same as closing a corp to the presidents perspective)
Effectively what I'm saying is that presidents should be able to set anything for a CEO corp that they can set for their own corps. The president regains control over his workforce, and over his income stream.
If a CEO doesn't like the manipulation that a president makes, they can always move elsewhere.