Why Tech CFOs And Lawyers Could Make Great CEOs

By: Rich Karlgaard

The late Steve Jobs had an explanation for the decline of once-great tech companies. He told biographer Walter Isaacson: “The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the quality of the product becomes less important. The company starts valuing the great salesmen, because they’re the ones who can move the needle on revenues, not the product engineers and designers. So, the salespeople end up running the company.”

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