tag:blogger.com,1999:blog-5592542.post4182072096531713114..comments2024-03-18T17:28:44.693-07:00Comments on Rondam Ramblings: The pernicious myth of individual productivityRonhttp://www.blogger.com/profile/11752242624438232184noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5592542.post-76114520424314717682016-01-21T12:25:46.962-08:002016-01-21T12:25:46.962-08:00It would appear that people are applying the Great...It would appear that people are applying the <a href="https://en.wikipedia.org/wiki/Great_Man_theory" rel="nofollow">Great Man theory</a> to CEOs. Everyone else in the company is seen as replaceable cogs, with the leaders being the only ones who really did anything unique, anything worth valuing. Curiously enough, the empirical research reported in James C. Collins' <a href="https://Lukehttps://www.blogger.com/profile/18395549142176242491noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-65615816272157873772016-01-05T07:45:09.885-08:002016-01-05T07:45:09.885-08:00@Ron: "Much more likely is that there are lot...@Ron: "Much more likely is that there are lots of potential Steve Jobs's out there, but they never get the opportunity to demonstrate their abilities because their life circumstances don't allow it."<br /><br />Since I commented on the previous income inequality post, I wanted to note here that I agree with this statement; in fact it is one of the things I was basing my Peter Donishttps://www.blogger.com/profile/09122769947782402203noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-20960201710721729692016-01-04T08:46:31.605-08:002016-01-04T08:46:31.605-08:00> I think that assigning "value created&qu...> I think that assigning "value created" to Steve Jobs, is not quite the difficulty you claim.<br /><br />I think you've missed the point.<br /><br />I do not dispute that Apple+Steve had vastly more value (let us stipulate 20x) than Apple + any-other-CEO-that-they-tried. Just like a car with spark plugs has vastly more value than a car without them. And I don't dispute Ronhttps://www.blogger.com/profile/11752242624438232184noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-6413278096820450312016-01-04T00:34:13.448-08:002016-01-04T00:34:13.448-08:00Related to the cognitive bias of the Just World Hy...Related to the cognitive bias of the Just World Hypothesis (or Fallacy).Publiushttps://www.blogger.com/profile/00647613579979908182noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-24713266236844690242016-01-03T21:35:12.659-08:002016-01-03T21:35:12.659-08:00[...continued...]
Even when Steve Jobs came back...[...continued...]<br /><br /><br />Even when Steve Jobs came back, in 1997, he was not yet great enough. He cut products and restored profitability, which gave him time. He tried the fruit-colored iMacs, which were not a world-class idea that lasted, but they did teach him a bit about a different approach. He made an iPod music player ... as a trick, as a loss leader, to sell more Macs. AppleDon Geddishttps://www.blogger.com/profile/04214642122689048677noreply@blogger.comtag:blogger.com,1999:blog-5592542.post-16002461283513038972016-01-03T21:25:26.952-08:002016-01-03T21:25:26.952-08:00Estimating Steve Jobs's value is not as diffic...Estimating Steve Jobs's value is not as difficult as you suggest. When A and B can come together and produce some value, dividing the resulting value between the two generally comes down to replacement cost, and replacement value. If A had to team with next best alternative C instead of with B, what would be the new expected value, and how does that compare with the expected value from Don Geddishttps://www.blogger.com/profile/04214642122689048677noreply@blogger.com