CEO Performance Index

I just watched Kevin Rose interview the former CEO of Linden Labs (creator of Second Life), Philip Rosedale. The whole interview was excellent but one of the most interesting and bone-chilling ideas he had as a CEO was the most memorable:

Every month he'd send out an anonymous survey to all employees and just ask three simple questions:

* Do you want to keep me as a CEO?
* Regardless of your previous answer, do you think I have improved during the last month?
* Why?

The statistics on the two first answers he'd post publicly so anyone could follow the trend and see when it started to be time to for him to leave or change. The answers to "Why?" he'd keep secret but read himself.

That is just such a bone-chillingly scary idea, yet extremely good feedback for him and great honesty towards his employees. Can you imagine how much balls it takes to do that and how few CEO's would be capable of it?

You can watch the whole interview here (the part I'm talking about is within the last 5-minutes or so):

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Long time chemical engineering student back to get his degree. General IT specialist and people person.

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