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Devos Graduate School of Management Professor Todd Thomas breaks down the best and worst CEOs of 2011.
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Well it has been a tough year for the -- -- so who's earned an a plus and an -- in 2011.
Todd Thomas is a professor at the -- graduate school of management and he's here with his rankings of this year's best and worst.
CEOs.
You gotta start but -- worst Todd I guess -- placing a billion dollars quickly gets into the top analysts right.
Yeah no -- and Sheryl thanks for having me on.
You know I was thinking about this some away here and if I -- take the wrong credit card and make a fifty dollar charge -- my wife knows exactly.
What happened.
And I have to answer -- at the end of the day.
A little over a billion dollars.
I don't even know how you start to explain that.
All right so obviously the chief of MF global the former CEO Jon Corzine is -- -- in your mind for 2011.
Yeah I think you know in some ways it's even worse then that we were talking a couple years ago about Bernie Madoff.
With -- Madoff related to the question where did the money go we we kind of know it's unfortunate but.
You know was re distributed to things to keep things going.
Here.
To have the CEOs say.
In testimony that I'd simply don't know the answer that.
That ranks way up there in terms of things as a CEO you're not supposed to do you.
Also we're not a fan Brian when he handed via -- he also made your list of the worst why Brian point eight hand I mean he -- he really has been saddled with.
Frankly a mortgage market that I don't think -- All.
Know why I would agree it's not his fault and I almost felt I should apologize to him right now because apparently is little touchy about this.
Few weeks ago are actually I think -- October town hall meeting.
Where he proclaimed that he was incensed.
At the criticisms that were being leveled at B -- -- -- him.
And you know I teach leadership of and that's the area study and and I'm sorry I mean I get that it make sure upset.
But there's a certain amount of accountability we expect from our CEOs and I think.
-- -- have would be better served.
To to listen to what's being said.
To not get so wrapped up in trying to be defensive about it but rather.
You -- do something about it and and make things more transparent reach out to the customers and understand what they're looking for.
OK so tell me what you think other CEOs that made the worst -- could do better in particular someone our viewers know very well.
You don't like Reed Hastings and Netflix you say he really screwed up this year.
Actually that's not entirely right sure I like Reed Hastings a lot.
He sent out his email apology just before I walked in to a group of -- graduate school graduate students.
I got it in my email -- ticket in.
We all read it together and at the beginning.
It was impressive it was an apology.
Then it shifted to a message that sounded at least slide.
You know customers do you were kind of stupid the first time here let me say it again and more clear language.
Are now to be fair he's paid a price for that both in terms of his reputation and in terms of a few bucks here lately but -- CEOs -- I mean if you make an apology make the apology and move on.
OK well a lot there are lot of good CEO I don't want this to be completely negative segment so there are a lot of good leaders out there.
That have done some good things and American companies and your top choice for 2011.
Jeff pays -- the CEO of Amazon.
Why is Jeff pays us on such a good job in your opinion.
You know I think part of it is that he doesn't seem to be distracted by the media doesn't seem to be distracted by the analyst.
I think we under play him.
You know you would expect me to say perhaps Steve Jobs which is kind of a given.
But -- I'm impressed that -- -- us because.
He is kind of a Steve Jobs that we don't.
We really don't given the credit I mean with the one click shopping.
Now what the Kindle fire.
I I think he's one of the more innovative leaders he is one that's really focused on a vision I think this company reports that.
Okay -- Amazon and the socket in -- and -- -- there it is a 173 dollars.
That Sam Palmisano.
IBM -- Again I mean I think as as a role model of -- CEO he has been in his position for awhile he's leaving now of course.
I think he -- IBM -- some some tough times I think again he had a vision.
And from everything I know he's that it would integrity.
He's been open he's honest he's been focused on his customers -- on his community.
All of which I think are.
Could attributes of of the CEO that we look for that we should support a -- look forward to -- what happens now going forward.
Okay it's not a -- -- -- only got about ten seconds here but you'll like the CEO dominant dominoes.
Patrick Doyle is -- it is on a good job -- I do because he took me is the example of honesty he took the issue the dominoes.
Was hearing about quality of their food.
And they did that brilliant marketing campaign -- he's approachable he's very open I like him a lot.
OK Todd Thomas professor at the -- graduate school of management with the best and the worst for 2011 Todd thank you.
Thank you well as.
