Economic demise and the government crack down on lavish CEO severance packages, brought to light the net worth of employees as brand ambassadors.
BusinessWeek expert addresses the impending shift in corporate America to bid farewell to the “Imperial CEO” and recognize that a company’s most important asset is its employees.
The success or failure of a company does not weigh on its CEO as much as it is sustained by the intellectual capital to include skills and experience, of employees. Saying so, it’s high time for employers to recognize that employees are brand ambassadors. As brand ambassadors, employees should be immediate stakeholders in a company’s success, wealth and grandeur; meaning that rewards should trickle down—not up.
Reference: No More Imperial CEOs