Is Undercover Boss Enlightening or Scary?
Another random rant...
I watched Under Boss about Belfor last night. It's probably my favorite show on TV these days but it brings up some interesting questions about corporate America and the companies we invest in.
Are CEOs really that out of touch?
How can you be the CEO of a company that does construction and not be able to put a screw into sheetrock? There should be a shareholder mandate that every CEO/executive has to spend one week every year in the field with his/her employees. Not on some sales vacation but in with the nitty gritty employees doing the real WORK.
And I'm sick of seeing a CEO cry when they hear people's heartwarming stories. Did you not realize that lives were turned upside down during the recession because of layoffs? Did that not enter your mind when making those decisions? What planet are you from? How can you "come from nothing" and forget everything you learned there?
Are we learning anything?
I wonder if CEOs around the country are watching and learning anything. Do they realize the hard work and dedication people put into their jobs every day? I doubt it but a show like this gives me at least a little bit of hope.
I can't decide whether I think Undercover Boss is an enlightening show or a peak inside how out of touch executives are these days. Probably a little bit of both.
***In a measure of full disclosure I make these comments while sitting in my home office researching stocks and making the same kind of judgements CEOs make every day. Hypocritical? Probably. But I would like to think I could do a better job than 96.2% of them if I had the chance.