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Why Top CEOs Always Fail Upwards
Manage episode 496534849 series 3675788
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Despite costly failures, many CEOs receive huge payouts and continue to land top jobs due to a system prioritizing experience, elite networks, and powerful negotiating positions. Golden parachutes, boardroom politics, and the high value placed on leadership over technical skills allow executives to fail upwards, often at the expense of regular workers and shareholders. This entrenched system makes it almost impossible for top executives to truly fall from grace.
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