> Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.
Are we giving out an A for effort now? CEOs are hired to achieve results. If they fail, it doesn't matter how hard they tried.
Maybe nobody could have prevented the failure of Yahoo. But that doesn't get Mayer off the hook for being a bad CEO -- she made bad decisions, managed to piss off the shareholders, executive team, and rank-and-file employees, hid major security breaches, and did not succeed at any of the things she tried to do. She had no major positive achievements during her entire tenure as CEO.
The best that can realistically be said about her is that she was a bad CEO stuck in an impossible situation.
Are we giving out an A for effort now? CEOs are hired to achieve results. If they fail, it doesn't matter how hard they tried.
Maybe nobody could have prevented the failure of Yahoo. But that doesn't get Mayer off the hook for being a bad CEO -- she made bad decisions, managed to piss off the shareholders, executive team, and rank-and-file employees, hid major security breaches, and did not succeed at any of the things she tried to do. She had no major positive achievements during her entire tenure as CEO.
The best that can realistically be said about her is that she was a bad CEO stuck in an impossible situation.