Don't You Just Love "Executives"?

Having watched many companies with bright prospects and more than ample resources crater under the burden of so-called "professional executives" and all the great advice they received from those hired high priced "corporate headhunters", nothing much surprises me these days.

Here is an interesting post about failures at Skype.

Key points to ponder...

First eBay installed a string of executives who came out of eBay into the company. Over time, dedicated Skype executives prior to the purchase left or were asked to leave.

Second, when the first wave didn't work, Skype hired more people, some with ties to eBay and others recruited by headhunters employed by eBay.

At each turn Skype has grown, but heck, a rolling boulder going down the hill picks up more snow too. Skype is growing by sheer inertia and problems like the ones reported in the Register are evidence of that.

They can't keep up with the issues.

This means Skype has cost eBay more than they paid...and likely isn't really paying back.

Do you think any of those executives or headhunters gave back any money when their advice didn't pan out?

Nah!!!

Capitalism at its finest!