Quote:
Originally Posted by GEaston
I don't believe anyone on this forum is qualified to criticise Alan Sugar. He made the leap into his own business accepting the risks (only 1 in 20 new businesses survives the first year) and put his neck and finances on the line to do so. Being a CEO is not like any normal job. There are reasons why these people are well paid and it's usually tied to performance. In his own company, as was the case here, he created innovative products and literally thousands of jobs.
Congrats and thanks Alan would be more appropriate. I don't see him as greedy so much as appropriately rewarded for his contribution to industry and society as a whole.
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Well I happen to like Lord Sugar, he certainly knows his market, selling low end stereo's, cheap VCR's even cheaper computers and more recently my damned sky HD box, which works when it wants.
I would not say his products are innovative, I have spent my life involved in innovation and my family have done rather well in their prospective markets manufacturing innovative products.
But this is not about him, he has chosen to give something back and good to him, he does a lot for Great Ormond Street Hospital.
Our elected representative's are full of themselves, it is a shame they are only prepared to feather their own beds