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I'd argue it's not.

People that are paid most to do a job that isn't repetitive manual labor have worst performance scores, time and time again.

So unless CEOs are paid to manually bolt things or throws ball into a hoop, they probably aren't doing well because, in part, they are given money. Money introduces fear (i.e. fear that you won't make enough money or lose your position with lots of money) and that leads to tunnel vision.

People give more performance if you give them more autonomy, mastery and purpose.

https://www.youtube.com/watch?v=u6XAPnuFjJc



I would argue the opposite with so much money on at your finger tips you are more prone to bad decisions because you are not invested enough in the outcome.

You ear more in a year than you can spend in a life time what are the chances of you looking a every deal very attentively?

You do the absolute minimum to maintain your position but you're not driven enough to put more effort into it.


I also immediately though of that talk. It makes sense that it also applies to CEOs.




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