Saturday, March 31, 2012

Entrepreneurial CEO Versus Maintenance CEO

Entrepreneurial CEOs oversee development and introduction of new products, new processes, new plants and new markets. An entrepreneur is defined that way. An entrepreneur is born when he is able to combine the factors of production in a different way and create value.

Maintenance CEOs are good at producing and selling the existing products in the existing markets using existing processes in a growing or stagnant phases. But many times in stagnant phases, some entrepreneur CEO achieve extraordinary results, and there is a demand all around for more entrepreneurial CEOs and the maintenance CEOs come under pressure.

Entrepreneurial CEOs have talents that are different from operational CEOs: Marc Effron,  October 2011
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