Eye on Blogs - CEOs

Starting today, I'm going to start taking a regular look at some of the Cleveland area's most interesting blogs. This, from Don Iannone's Economic Development Futures blog, absolutely blew me away.

Crazy. I think we all knew CEO salaries and perks were growing, but I had no idea just how out of hand this trend has gotten in relative terms. What do you suppose has contributed to a CEO suddenly in 2006 being 821 times more valuable to a company than a frontline worker compared to the 50 times more valuable he (and we can safely say that) was in 1965? (As late as 1978, CEOs were only supposedly only 78 times more valuable.) What makes the job so much harder? Technology flooding us with information and speeding up the work world? Companies growing massive through mergers and acquisitions? Globalization forcing us to embrace other cultures and conquer impossibly challenging logistics?

Probably all of those. But it could also be partly a case of runaway ego--there's just so much more cool stuff you can buy nowadays that the cost of being on top has just gone way up.

Well, fellow entrepreneurs. We have our work cut out for us.