Ep 44 - Top Ten Bad Bosses of 2023

Welcome to Career Coaching Xs and Os, the podcast that helps you navigate the challenges of working with extraordinary people. I'm your host, Mark Anthony Peterson, and today we will discuss how to the Top Ten Bad Bosses of 2023.

Here is the list I compiled:

10. Eric Yuan, CEO of Zoom
9. Casey Bloys, CEO of HBOMax
8. Bernard Looney, CEO of BP
7. Bill Gates, former CEO of the Bill & Melinda Gates Foundation
6. Mark Zuckerberg, CEO of Facebook
5. Micahel Vale, Group President and Chief Business Officer for 3M
4. Jeff Shell, CEO of CNBCUniversal
3. Vishal Garg, CEO of Better.com
2. Greg Becker, CEO of Silicon Valley Bank
1. Elon Musk, founder, chairman, CEO, and chief technology officer of SpaceX & owner, chairman and CTO of X Corp

Listen and learn why these bosses made the list.


Want to improve your negotiation skills? Take the 100 Days of Rejection Therapy Challenge. The goal of the 100 Days of Rejection Therapy Challenge is to desensitize yourself to the pain of rejection and to overcome fear. Check out the website at https://www.rejectiontherapy.com/100-days-of-rejection-therapy. I took several challenges. Click the links to see if I got rejected during my negotiations:
(1) Rejection 7: Speak Over Costco's Intercom - https://youtu.be/AycKKgP21fQ
(2) Rejection 43: Hug a Walmart Greeter - https://youtu.be/GSjyly_C8pM

Subscribe to Ceyero Consulting's YouTube Channel. Track my progress as I complete all 100 Challenges. https://www.youtube.com/channel/UC7lxMSEtBOAgNBOPrmA9O_w

Need help to develop a business pitch for your startup or small business? Check out my online course "How To Develop A Winning Business Pitch" https://ceyero-consulting-eschool.thinkific.com/courses/how-to-develop-a-winning-business-pitch. The course is only $139.00.

Are you thinking of launching a business? Please check out my book, #Guerrillapreneur: Small Business Strategy for Davids Wanting to Defeat Goliath, available on Amazon, Barnes & Noble, and iTunes - shorturl.at/tvLM9

If you like this episode, please subscribe to this podcast and leave us a comment. Please share this episode with your colleagues. Follow us on Twitter @ceyeroconsltg, Instagram, and Facebook @ceyeroconsulting. Please find us on the web at https://www.ceyero.com.

If you like Career Coaching Xs and Os, then you might also like my other two business podcasts, #Guerrillapreneur: The Art of Waging Small Business Warfare (Mastermind Interviews with Entrepreneurs, Consultants, and Business Mavericks) and #Gigging: Everything and Sharing Economy (news and predictions about the Sharing Economy).

Become a supporter of this podcast: https://www.spreaker.com/podcast/career-coaching-xs-and-os--3047801/support.

Episode Transcript

(00:00):
This is career coaching x's and o's, and I'm your host, Mark Anthony
Peterson, Founder and thought leader atCRO Consulting, a small business strategy technology
consulting firm. A small part ofour practice is executive coaching. These episodes
are the summation of some of thosesessions. Welcome to episode forty four entitled

(00:27):
Top ten Bad Bosses of twenty twentythree. We're going to jump in and
count down the top ten most horriblebosses of twenty twenty three and give you
a little bit about what made themso bad. Let's jump right in.
Number ten the Zoom CEO Eric youon. This guy forced his employees to return

(00:55):
to the office when Zoom essentially enabledall more remote work. Wow, how
do you do that? You becomethe symbol of remote work and you make
all of your workers come back tothe office. I know his employees had

(01:15):
a few choice words for him.Number nine Casey Bloyes, CEO of HBO
and Max. This guy created fakeX accounts to troll TV critics who gave
bad reviews to the network shows.Wow. I've heard of athletes doing this,

(01:40):
basically fighting back with fans who trolltheir legitimate accounts, But I never
heard of a CEO do that.This guy did and that made him a
bad boss. Number eight BP BritishPetroleum CEO Bernard Aloney resigned in September over

(02:04):
the failure to fully disclose past relationshipswith colleagues before he became CEO. Now
for not doing that, he forfeitedas much as forty one point four million
dollars in pay. Who if Iknew I had that much online, I
would tell you everything about me,including my sock size. But he failed,

(02:32):
and some of those relation relationships wereprobably sensitive and compromised him as CEO,
which is why he should have disclosedthem, But he did not and
was forced to resign. Number sevenin the same vein Bill Gates horrible boss.

(02:53):
He was the head of the Billand Melinda Gates Foundation. We all
know him from his days at Microsoft, growing that into one of the most
powerful and valuable companies in the world, where he used his title, his
leverage, his name as the headof that foundation to try to get dates

(03:14):
from Microsoft employees. Yeah, hewas hitting on people who wanted to interact
with the Bill and Melinda Gates whoalso wanted to try to get leverage at
Microsoft, and he used that totry to get dates allegedly. That's creepy
in addition to being a horrible boss. Bill Gates number six, we're moving

(03:42):
up, the moving up towards numberone. We're at number six right now
and the number six horrible boss.Mark Zuckerberg of Facebook. How many times
have you heard of a CEO challenginganother CEO to a cage match? What
is this? The wwe Are youcrazy? You're running a fortune five hundred

(04:08):
company where you want to go inand have physical violence with another CEO,
and yet you want to represent thousandsof employees and expect them to be good
corporate citizens. That is horrible.In addition to that, he laid off
ten thousand employees and blamed it oneconomic conditions when most of his investors knew

(04:33):
the layoffs were a direct result ofZuckerberg's bet on his metaverse vision, where
he spent lavishly to the tune ofmulti billions to try to get that off
the ground. I've always said,as a CEO, the bucks should stop

(04:55):
with you, and if you're makingbets bad decision visions as the CEO,
the employees should not pay. Inthis case, the employees paid for his
bad strategic thinking. He's worth multibillion one hundred billion dollars, but ten

(05:17):
thousand people had to lose a jobbecause his thinking was not correct. Bad
boss Mark Zuckerberg. Number five MichaelVeil, Group President and chief business officer
at Threem Threem Great Company said ittook immediate action after verifying that Veils violated

(05:46):
the company's policy on inappropriate conduct.Now you're going to see a theme here
emerging with some of the CEOs andexecutives of inappropriate conduct. That's something that
any executive needs to understand and understandthe power that you will when you take

(06:08):
certain corner offices. People report toyou and they believe the power that you
have over them will force them todo anything. That's the perception. You
may mistake someone's advances as a truelegitimate advance, when they may just be

(06:30):
responding to what they perceive as athreat on their job if they don't comply.
When you take these types of jobs, you have to understand the gravity
feel that comes with it and knowhow to act accordingly. So Vail,

(06:50):
who had worked at the company allof his life, lost the opportunity that
he had been seeking his whole lifefor inappropriate content. Doug Number four again
same situation. JEFFS. Shell,CNBC Universal CEO, was accused by CNBC

(07:15):
reporter of sexual harassment and Comcast oustedJeffshell, the head of NBC Universal,
after cooperating that Hadley Gambles of allegationsof inappropriate conduct, including sexual harassment were
true. Unfortunate the number four badboss of twenty three again caught up in

(07:44):
an inappropriate relationship. Now moving onto the number three bad boss, vishall
Gar the CEO of beetter dot com. That's a unicorn mortgage lender, and
this gentleman fired his employee's via zoom. Not only did he fire them via
soon, he fired them after receivinga seven hundred and fifty million dollar cash

(08:09):
infusium that valued the company at roughlyseven billion dollars. He informed his employees
that a large number of them wouldbe fired in a cold and very awkward,
one way video announcement, and theblowback on him was hard and severe
as it should be. Firing peopleis not sport, and CEOs and executives,

(08:37):
as I've talked about on this podcast, should put as much time into
addressing employees when firing them as theywould if they were about to be fired.
Yeah, you've heard the Biblical passagedo unto others as you would have
done unto you, And that appliesin the corporate world world and should have

(09:01):
been applied here. Vishaal Bad bossof twenty twenty three. Now moving on
to the number two bad boss oftwenty twenty three, Greg Becker. Many
of you who are in the techspace like I am, you know Silicon

(09:24):
Valley Bank and how quickly that bankcollapsed. Now I have some sympathy for
Greg Becker because the bank never shouldhave collapsed, but there was a social
media panic that cost over forty billionsof dollars to leave the bank in a
very short period of time. AndI don't think anyone could have managed through

(09:48):
that sort of capital flight out ofan institution. But Becker's mismanagement and his
focus on short term profits made thebank vulnerable to that sort of run,
and he should have protected the bankand the shareholders from that sort of vulnerability.

(10:13):
That bank and its failure started achain reaction that caused other weaker banks
to go under. And had therenow been some firewalls that were put in
place by the government, we mayhave seen a larger disaster. Greg Becker
Bad Boss twenty twenty three. Nowwe've gotten to the number one bad boss

(10:41):
of twenty twenty three. And ifyou can't guess it, then you weren't
watching the news. Yes, Ihate to say it because I was a
fan at one point. Elon Muskthe number one bad boss of twenty twenty
three. First of all, ifpeople have earned their bonuses, you gotta

(11:03):
pay them. And Eli mus Isrefusing to pay bonuses for Twitter employees who
did their jobs. Now that's numberone. Number two, he came in
and fire Twitter employees, I guessbecause he thought that was cool, and
then had to negotiate with many ofthem to come back when he realized that

(11:26):
they were part of critical functions forthe company. Now that should have been
a part of your upfront analysis beforeyou walk through the door with a kitchen
sink. Third thing, never evergo on social media or television and tell

(11:48):
your advertisers to go blank themselves.You may be the richest man in the
world, but it doesn't mean thatyou're going to remain that position. And
so all the people you kick goingup the mountain are going to be waiting
for you on the other side whenyou're coming down, and by acting that

(12:13):
way, you've made it easy forthem to want to kick you all the
way back down that mountain. Finally, and probably the biggest problem is you
can't play games with things like antisemitism. When you enable that sort of
speech, you can never contain it. It spreads like a cancer and it

(12:37):
can quickly destroy whatever you are buildingsociety company, you name it family when
you don't contain it, when youaddress it head on the way you support
it by liking or sharing certain comments, you enable embolden people who should not

(13:01):
be given that airtime to do evenmore, to act on a greater stage.
And so I think there has beenfar too much with far less accountability,
and that makes you Elon Musk,the worst boss of twenty twenty three.

(13:22):
I hope you found this episode helpful. If so, hit subscribe.
I know you would share this episodewith your colleagues, because the best people
listen to this podcast. Tell usthe issues you're struggling with in your career,
and we will research them and wemight even do a podcast episode about
them. If you need more supportin your career. Please find us on

(13:46):
the webit cerro dot com and letus help you develop a plan for your
career. Guys, Happy New Year. Thank you for continuing to subscribe to
the podcast. We have had upsand downs in twenty twenty three, just
like all of you, and weappreciate you continuing to support this podcast.

(14:07):
We have exciting news of twenty twentyfour. We have a book coming out
entitled Career Coaching X's and O's,and it's going to take a lot of
what we've talked about in this podcast, plus additional commentary that you can use
as a personal guide when trying togrow your career and get that corner office.

(14:31):
If you want a digital copy andare willing to write a review for
me, follow us on social media, give me your email or send me
a direct message with your email,and as soon as the book is published,
we will get you a digital copy. Follow us on Twitter, Instagram,

(14:56):
Facebook at Sierra Consulting. This hasbeen Career Coaching exies and o's and
I'm your host, Marc Anthony Peterson, Founder and thought leader at Seerra Consulting,