Hacker News new | past | comments | ask | show | jobs | submit login

This is an appropriate topic for HN, since it has to do with roles & responsibilities w/i a company. So, let's try to correct some misconceptions.

Steve Jobs was the CEO of Apple. And...

“A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires, and retains the very best talent for the company. Makes sure there is always enough cash in the bank.” (from Fred Wilson, Venture Capitalist icon, requoting something he was taught early in his professional career)

Jobs showed that he was able to do all three of these things extremely well, arguably better any other CEO of our time. He did communicate a vision and strategy [#1], and he used that vision and strategy to recruit the very best talent for Apple [#2], people better than Jobs himself was at getting done what needed to be done (i.e., the people you lament "will die unknown"). His ability to do both those things - and to make sure that everyone performed and delivered in line with the vision [#!, again] - is why Apple is projected to have $90+BILLION in cash reserves at the end of the year [#3], climbed from $10/share to $400/share, and is the highest valued tech company in the world.

Remember, too that history reinforces that technical ability minus a clear vision and strong leadership doesn't produce Mac OS X/iOS, MacBook Airs, iPods, iPhones or iPads. They produce Pink/Taligent, 20th Anniversary Macs, Newtons, MacTVs and Pippins. And a company that loses its leadership position, is valued at $10/share, and comes within sight of bankruptcy.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: