Quote:
Originally Posted by Well Read Ted
If I had a choice I'd rather hire a CEO who had ED, he'd have a much better understanding of the product and the customers.
This adequately highlights why CEOs look down on the general public.
Viagra isn't a top seller for Pfizer. I will admit that I didn't even think it was in the top 10, but I was wrong, it's 7th. Lipitor (cholesterol/heart) is above it. Enbrel (arthritis) is above it. Lyrica (neuropathic pain) is above it. There's also a pneumococcal vaccine above it (which admittedly surprised me) and some cancer stuff (which actually surprised me, in how little there was).
Expecting a CEO to have survived a heart attack just so he/she "understands the product" is pretty lol. Not even their salespeople understand the products they are pushing - they have to work off tightly regulated scripts (or face the wrath of the FDA).
It's way more important for a CEO to understand finance and operations.
Some of the criticisms of hotel-casino CEOs, like cutting maintenance, are valid. I'd probably add acquiring way too much debt to finance construction projects when it's clear the lifetime of the building will exceed the lifetime of the business plan. But the idea that hotel-casinos should keep shoveling money into the casino side is lol. It's become pretty clear that poker is at the bottom of the totem pole, below table games, below slots, below retail, below restaurants, below clubs, below everything. At some point someone's going to run the numbers and decide to close a poker room and turn it into an art gallery.
I hate it as much as anyone else, but if you're one of the few who get the survey and waste it ranting about poker rooms and resort fees, damn you.
If I got one and I had to put a criticism listed in this thread, I'd choose "I used to feel special when I visited Vegas, now I feel like a number." That's both true and helpful.