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CEOs least credible spokesman for a company: Survey

By SiliconIndia | Wednesday, 27 January 2010, 03:28 Hrs | 5 Comments

CEOs least credible spokesman for a company: Survey

For the third straight year, NGOs are the most trusted institution in eight countries, including the U.S., UK, Germany, and France. In China, trust in NGOs has surged by 25 points since 2004 (from 31 to 56 percent) - possibly a reflection of growing affluence and the demand for environmental responsibility and public health.

Technology remains the single most trusted industry sector, with 79 percent saying they trust this sector to do what is right, up from 76 percent in 2009. Banks, however, are third from the bottom, barely above media companies and insurance. In contrast to Western countries, banks are the most trusted sector in China and second to technology in India.

"Technology continues to widen its lead over all other industries," said Neal Flieger, Chair, StrategyOne. "This is an industry that is viewed as focused on the future, with competitively priced products that improve the quality of people's lives. Banks are overwhelmingly perceived as being guilty of the reverse, with issues on fees, compensation, and credit availability."

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Reader's comments(5)

1: The author has missed out the Private Engineering college sector here, and anyone who has done UG or PG in a self financing private college, they knew the quality of their CEOs, Agree?

Posted by:Sri Bala Kumar - 28 Jan, 2010

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2:
I have also seen CEO with the following characteristics:

1.Does not know how to write a well rounded resume
2.Is weak in English
3.Does not know how to use a laptop properly
4.Rather than producing quality products,he is interested to manage the show with whatever resources available.
5.Production volume is more important to him than quality of the end product
6.Public speaking is very poor.

So,what are his qualities that management might have liked in him:

1.If asked about any task by management,he says "yes sir,we can do it" although later he may not be able to get it done.He is aware that management also talk lot of bullshit at times.
2.Has long experience of managing the show
3.Very loyal to management,if management says 'Sack him',he although he does not like the idea,has no courage to protest.
4.Thoroughly nice gentleman
5.yes man
6.Do not take up employees cause,happy with his own increments.
7.He is also not aware why he was made CEO....

Posted by:Gautam Bardoloi - 27 Jan, 2010

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I fully agree with you Mr.Bardoloi, but there is one more point to add - most of the Indian companies appoint their own community members as CEO & he in turn appoints his own crooks for information gathering. Hence qualification/experience/intelligence is not the criteria for someone to come up in that sort of environment. This happens in big public limited companies.