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So he collectively blames all his staff for his failure? Nice, really nice.

No, that's missing the point. The quality of your staff is 100% your responsibility as a CEO; if you realize that everyone is B or C level, then you've failed as CEO.

No, it's not. It's a false rationalization of your (lack of?) ability as a CEO to motiviate the best performance out of your staff to write off all your staff as 'B' and 'C' players.

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