In defense of the founder-CEO

03/30/2011 | CNNMoney/Fortune

Startup founders often hand over control to career CEOs when their companies start to hit the big-time, but that's usually a mistake, writes Joel Bomgar. Forcing visionary founders to step down in favor of experienced but bloodless managers robs companies of momentum and vigor at precisely the moment they most need a founder's fire and drive, Bomgar argues. "The founder should start as CEO and remain CEO unless it is blatantly clear to everyone that it absolutely, positively isn't working. ... A company is a living, breathing organism, and the founder is a key part of its lifeblood," he writes.

View Full Article in:

CNNMoney/Fortune

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Administrative Management Specialist
Smithsonian Institute
Washington, DC