It’s not as simple as just deciding to hire people at lower rates of pay.
Cost cutting is a tricky game. When an organisation is not on a positive trajectory, cost cutting has a very high risk of re-enforcing the underlying problems.
That’s not to say cost cutting isn’t a worthy objective, but it needs to be carefully considered.
If you want a CEO with the right skills and connections you need to pay.
But they have a strong history of paying a lot for CEOs that don’t have the right skills and connections. It’s not just this one, it’s a systemic issue for them.
Sure, whereupon the CEO alone can receive an 8 figure compensation package. That is not at all an issue to the viability of a non-profit.
It’s not as simple as just deciding to hire people at lower rates of pay.
Cost cutting is a tricky game. When an organisation is not on a positive trajectory, cost cutting has a very high risk of re-enforcing the underlying problems.
That’s not to say cost cutting isn’t a worthy objective, but it needs to be carefully considered.
If you want a CEO with the right skills and connections you need to pay.
But they have a strong history of paying a lot for CEOs that don’t have the right skills and connections. It’s not just this one, it’s a systemic issue for them.
On one hand you’re correct in that their CEOs haven’t been able to turn the situation around.
On the other hand it’s hubris to suggest that you know better than whoever is doing the hiring.
Lmao. Just straight up rich people worship up in here.
Lmao. Just straight up idiots up in here.