"Strategically, a major function of the CEO..." - Quote by Bill Gates
Strategically, a major function of the CEO is to look for bad news and encourage the organization to respond to it. Employees must be encouraged to share bad news as much as good news.
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More on Leadership “Perhaps the most incapable Executive that ever filled the presidential chair...it would be difficult to imagine a man less fit to guide the state with honor and safety through the stormy times that marked the opening of the present century.” “One of the things that you come pretty early on to understand in this job, and you start figuring out even during the course of the campaign, is that there's Barack Obama the person and there's Barack Obama the symbol, or the office holder, or what people are seeing on television, or just a representative of power. And so when people criticize or respond negatively to me, usually they're responding to this character that they're seeing on TV called Barack Obama, or to the office of the presidency and the White House and what that represents.” “Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy. Arrogance is no substitute for experience. That is why the country is in the mess it is in now.”