Just In : Byjus India CEO Arjun Mohan Steps down

8mo ago

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CosmicLlama

Stealth8mo

When the car is broken, changing drivers wont move it. All i read in that headline is " Unable to handle the shitty car, driver abandons the vehicle, owner goes to pick it up".

SleepyBanana

Stealth8mo

Absolutely correct @Qwerty2398 B.I.N.G.O

JumpyPenguin

Flipkart8mo

Genuinely curious What's the latest at Byju's? How many employees are still around?

I keep hearing they are unable to pay salary

GigglyBoba

XYX Consulting8mo

That's a lesson to be learnt when you want to become ceo and you ain't get opportunities in good companies you can vouch for companies in trouble ( financially, management wise etc) you have a higher chances of getting offer letter as a ceo , try to revamp the company by acquisitions, mergers so that board gets the feeling you are doing something and still if you companies are not doing well just keep trying outside now you have a good chance of getting offer letter from good companies as cxo ...is there a glitch my thinking process please correct me if I am wrong ? 🤔🤔🤔

DizzyTaco

Oracle8mo

Yes, being a startup founder myself before joining Oracle your thinking is incorrect although the approach is good though.

Any CEO level profile is based on the success of a previous C-level profile. A CEO of a failed company will never be offered a CEO level position of another company because failure at that level damages one's reputation very badly in the market for many years. It's really difficult to make a turnaround from this.

Yeah, there is nothing like it if a C-level executive is able to turnaround the whole situation making the company into a success story but the chances are way too low. Also the level of stress is not worth it. Most CEOs die young because of stress and age quickly looking older than they really are. It's simply not worth the effort.

GigglyBoba

XYX Consulting8mo

Agree with what you said but may be very good companies need excellent performance records but some middle tier companies might accept it. One can always tell a story matching with balance sheets why they don't want to continue with the old organisation or some personal problem? Agree with you that good companies would need a proven track record.