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As a CEO, President Obama Gets an F
Commodities Forex News ^ | 5/19/2013 | Peter Morici

Posted on 07/14/2013 11:17:19 AM PDT by Taxman

CEOs of large organizations all face the same problem – driving their agendas in organizations too diverse and geographically dispersed to manage directly.

They hire competent managers for their units, set goals and establish clear metrics for evaluating performance. As in politics, competition in business is tough, and CEOs must set ethical boundaries for their managers’ conduct.

In all this, the CEO’s personal conduct is critical.

Early in his presidency, Mr. Obama flaunted American constitutional tradition by pushing through major social legislation, ObamaCare, without a bipartisan compromise and consensus. And he relied on a legislative sleight of hand to pass the Senate.

Simply, Mr. Obama’s hard left agenda requires him to treat the constitution and Congress as mere inconveniences – expediency is his ethical standard.

For example, unable to obtain Congressional ascent, even among moderate Democrats, for limits on CO2 emissions and other environmental goals, the EPA – at his public behest – has written regulations imposing new and onerous requirements on business.

The Obama Credo of Management: We’ll do as we please, stop us if you can.

His failure as a CEO, now with grave political consequences, was to impose no limits on managers’ behavior and implement adequate controls – mechanisms for the CEO to monitor the performance of units and head off emerging threats to the survival of the organization. Regarding the latter, of paramount importance is to insulate the president from any fallout from their actions.

Cabinet secretaries and agency heads took their cues from the boss – at State, Justice and the IRS senior management would have had us believe they were unaware of what was happening in Benghazi, with the Associated Press, or at the Cincinnati Office of the IRS. And the president only learns about many problems when reported in the news?

Mr. Obama simply has been too busy giving speeches, raising money, and trying to turn every event to political advantage to keep tabs on his managers, as any good CEOs would do.

CEOs periodically meet with their principal managers – in groups and where necessary individually – to probe their tactics, offer assistance from their own wealth of experience, and discern areas where managers may be planting problems that will burgeon into crisis.

Failing at this, the president has managed to continence management failures that cost the lives of Americans abroad, weaken our national security, rock public confidence in government, and threaten our constitutionally guaranteed liberties.

Mr. Obama has a lot in common with one predecessor, Jimmy Carter – both failed as CEOs. The man from Plains is a decent and ethical man but micromanaged too much, whereas Mr. Obama acquired his moral compass in the Windy City and simply can’t manage at all.

Americans should not be surprised. Mr. Obama came to Washington with profound campaign skills but virtually no record as a legislator or manager. He spent seven years in the Illinois Senate as a virtual non-participant, bored and seeking higher office, and his four years in the U.S. Senate running for president.

Americans turned to him, because they were justifiably disappointed with President Bush and tagged John McCain with the blame.

Prior to his presidency, Americans never observed Mr. Obama running anything, other than a campaign. He had not been a governor or a congressional committee chair. In military terms, we made him a five star general before even serving as a lieutenant.

By his own actions, he is arrogantly ambitions but sadly incompetent. He has corrupted the foundations of our Republic, and for that he gets a failing grade.

Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and a widely published columnist.


TOPICS: Business/Economy; Chit/Chat; History
KEYWORDS: arrogant; fail
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Have at this one, FReepers!

Dr. Morici called Obongo Bozo out!

1 posted on 07/14/2013 11:17:19 AM PDT by Taxman
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To: Taxman

Obama has succeeded. And the Republicans have been powerless to stop him.


2 posted on 07/14/2013 11:24:55 AM PDT by SC_Pete
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To: Taxman

The Obama Credo of Management: We’ll do as we please, stop us if you can.


Obama is moving into the same league as Stalin and Hitler. Can he be stopped is the question.


3 posted on 07/14/2013 11:24:58 AM PDT by laplata (Liberals don't get it. Their minds have been stolen.)
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To: Taxman

If Duh-1 was a CEO of a corporation, the stockholders would call for him to run the gauntlet, and each of them have their truncheon of choice.


4 posted on 07/14/2013 11:26:05 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Taxman

Wow!! Nicely said.


5 posted on 07/14/2013 11:26:41 AM PDT by my small voice (A biased media and an uneducated populace is the biggest threat to our nation.)
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To: SC_Pete

Not powerless. Spineless.


6 posted on 07/14/2013 11:31:37 AM PDT by lowbridge
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To: Taxman

Grading Obama as “CEO of the United States” is like grading Incitatus (Caligula’s favorite horse) as a Roman Senator. While they each received a title, neither earned their selection or acted on the position in any meaningful sense.


7 posted on 07/14/2013 11:33:10 AM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Taxman
Prior to his presidency, Americans never observed Mr. Obama running anything, other than a campaign. He had not been a governor or a congressional committee chair. In military terms, we made him a five star general before even serving as a lieutenant.

But wait -- the author isn't giving 0bonga ANY credit for being a world-famous 'Communitah Organizer'?? For that achievement he deserves SIX stars, fitty ribbons, and a hundred medals. AND a vacation or two at least.

8 posted on 07/14/2013 11:34:28 AM PDT by USS Johnston (Is life so dear or peace so sweet as to be bought at the price of chains & slavery? - Patrick Henry)
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To: Taxman

Of course. The Community Agitator never had a real job in his entire life — and never any position that required executive skills.

I didn’t particularly care for Romney, but as I held my nose and voted for him at least I had some confidence that he could handle the actual day to day tasks of being chief executive over the Federal bureaucracies.


9 posted on 07/14/2013 11:35:33 AM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: lowbridge

Yes. Or, maybe it’s the incumbency disease: go-along, get-along, get re-elected.


10 posted on 07/14/2013 11:35:49 AM PDT by SC_Pete
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To: laplata
0bama is moving into the same league as Stalin and Hitler. Can he be stopped is the question.

The answer:

On the same day hundreds of thousands of Snowdens, Pattons, and Harry Callahans have had enough.

11 posted on 07/14/2013 11:37:36 AM PDT by USS Johnston (Is life so dear or peace so sweet as to be bought at the price of chains & slavery? - Patrick Henry)
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To: USS Johnston

0bama is moving into the same league as Stalin and Hitler. Can he be stopped is the question.

The answer:

On the same day hundreds of thousands of Snowdens, Pattons, and Harry Callahans have had enough.


I don’t think there are very many out there now. Allen West and Ted Cruz come closest.


12 posted on 07/14/2013 11:44:24 AM PDT by laplata (Liberals don't get it. Their minds have been stolen.)
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To: Taxman

“F-”


13 posted on 07/14/2013 11:47:33 AM PDT by Principle Over Politics (Is this a free country or what?)
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To: laplata
I don’t think there are very many out there now. Allen West and Ted Cruz come closest.

My optimism is checked by your reality :-(

We're going to require ALL patriots who love this nation to get involved sooner rather than later.

14 posted on 07/14/2013 11:47:33 AM PDT by USS Johnston (Is life so dear or peace so sweet as to be bought at the price of chains & slavery? - Patrick Henry)
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To: Taxman

His real grade is negative 17 trillion.


15 posted on 07/14/2013 11:48:13 AM PDT by Bullish (Psalm 46)
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To: Taxman

As a human being, obama gets a sub.


16 posted on 07/14/2013 11:51:22 AM PDT by MestaMachine (,)
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To: USS Johnston

We’re going to require ALL patriots who love this nation to get involved sooner rather than later.


And put the rest out of their misery because I will no longer risk my ass and suffer and sacrifice for the likes of them. They wouldn’t appreciate or comprehend it.


17 posted on 07/14/2013 11:53:56 AM PDT by laplata (Liberals don't get it. Their minds have been stolen.)
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To: Taxman
The man from Plains is a decent and ethical man but micromanaged too much, whereas Mr. Obama acquired his moral compass in the Windy City and simply can’t manage at all.

and is neither decent or ethical!!!

18 posted on 07/14/2013 12:04:22 PM PDT by varon (Down with tyranny)
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To: Taxman
A generally good article, but for this: The man from Plains is a decent and ethical man... He is not. He is a nasty little raisin of a man who went from inept President to world-wide scold. He is neither decent nor ethical. I'm sure he lusted in his heart for urinating on Ronald Reagan's grave, when he was there with the rest of the Presidents.
19 posted on 07/14/2013 12:11:27 PM PDT by Cyber Liberty (I am a dissident. Will you join me? My name is John....)
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To: Taxman

A great many have been sayin’ “F 0bama” for quite a while now.


20 posted on 07/14/2013 12:29:01 PM PDT by Paladin2
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