27 Jan '13, 2am

e27 Recommended Reading List #2 #FastWhisper #Web

The article tries to address the age-old issue in startups and even established businesses: whether to bring in a professional CEO or run the business as a CEO and founder. There is a difference, after all, between a “Founder-CEO” and a “Founding CEO” and neither is necessarily better. It depends on the circumstances and strategies surrounding your business. Another question to be answered is how a founder will remain relevant as a driving force in the startup once you have actually hired a professional CEO. Will you be like Sergey Brin’s and Larry Page’s Google, which saw even bigger success when they hired Eric Schmidt to helm the company in a “triumvirate” setup? Or will you be like Apple, which languished when Steve Jobs was edged out of the picture in the mid-1980s in his so-called “first act” only to return to success later on when Jobs came back onboard?

Full article: http://e27.sg/2013/01/27/e27-recommended-reading-list-2/

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