It’s fitting that one of the companies on the Most Overpaid CEO list is from BJ Services. These CEO’s all raked in $30 million or more in salary, bonuses and stocks while their company stocks underperformed.
These CEO’s are winners of the Big D!ck Contest of Who You Know. Meaning, they put their BD Pals on their boards, which usually comes with lovely six digit payment for attending board meetings, at very nice places, to approve the BD comp plans of the CEO’s and increase their own BD Rolodex with a little BD bonding on someone else’s dime. Seriously, how do I apply for one of these jobs?
My day job is in business development for a Fortune 150 company. If my quota and GP underperform I’m lucky to keep my job and get my base. But then again, I’m just a teenie weenie in a Big D!ck Corporate Cult…
Become a Big D!ck Contest: Exposed Facebook Fan
Tags: BJ Services, CEO Pay, Corporations, Overpaid
Less is the new-fangled more? We are just starting to peek out of the economic depressional ditch and the brightness is ours for the looking. Companies that will certainly make it through are those at this point gathering momentum and moving forward with the new business mantra of the ages. We have seen that users are asking for more value and the cost-driven enhancements are becoming more and more difficult to support without disturbing the existing business design or profit margin assumptions. Innovation tends to come from upstarts (Netflix and Southwest Air are good examples) and non-traditionals (Microsoft in the music business!). Less is the new-fangled more and business ought to accept a new behavior and ways to reduce their pricing to the point that customers will seriously find it irresistible. They certainly need to supply designs of existing products and solutions and models (yes, even elliminating unneeded features) and the most effective way to advertise and promote your products in the marketplace. Contact Metwell.com, Strategic Management Consultants if you need more answers to quickly attain your greatest results