In the last year, Britain’s top ten best-paid chairmen have led their companies to an average loss of 36%. In contrast, the companies of the 10 lowest-paid chairmen in the FTSE 100 have gained 1% in average.
We should then expect that companies with unpaid chairmen, or no chairmen at all should perform the best.
jackfrost
Pro
Sound logic..."Don't pay....or, at least...pay little"; Jack is right with his suggestion...and your response a logical extension!
Part of the problem with many professions is that they employ people who think they know how to do it themselves. The secret is to employ someone who is brilliant in identifying those who can, and who lets them get on with it