Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

Beginning a subsidiary....

Yet and still there appears to be one director....

Kim.

Heaven forbid he appoint someone with a certain direction for KBLB....

Maybe even a more efficient way....

That goes against his ever changing business plan.

But the interview highlights an important statistic that arguably presents a greater lesson to family-owned and privately-held businesses than the underlying Marriott story. According to Mr. Keyt, the average tenure of a public company CEO is four to six years. The average tenure of a privately held family business CEO is twenty-five to twenty-eight years.

And some data sets have suggested the optimal tenure for a CEO is eight to twelve years. So the capriciousness of public stockholders keeps a CEO from ever reaching his or her full potential, and the momentum and resistance to change of a family business can keep a CEO in place decades longer than he or she is most effective.

How Long Is Too Long for a CEO?- May 15, 2017



Just saying....




Blessings to All

TRUTH