How not to fire a CEO
Board duties and employee reactions in light of Sam Altman’s firing by Open AI’s Board on November 17
A Company’s Board has a crucial job of looking out for the company’s best interests, making sure everything is on track.
They’re like the guardians of the company’s future. But with what happened last week (November 17) at OpenAI, where the Board suddenly fired Sam Altman (over Google Meet), it feels like the Board kind of dropped the ball.
Boards need to think things through, especially with big decisions like firing a CEO. It’s not just about making the tough call; it’s about how you do it. With Altman, they just did it so suddenly and without much warning to anyone. It’s like they forgot how important it is to plan these things carefully and think about the impact on everyone involved, from employees to big partners like Microsoft.
