I think that’s the key in this “structure that is manageable”
Corp America is manageable within its silos. So, some analyst finds a potential flaw or issue that could be a breach in the future. They report to their Director…who then discusses with a team lead and they decide to have a meeting regarding the issue. That’s 3-5 business days right there.
Now, said meeting leads to "Yes, we need to research and fix this issue…it gets escalated to the director’s boss…let’s say a VP. So now this issue gets an official project opened. Resources assigned. Project timeline in place. All this is done within another 7-10 business days.
The project will need to do testing and QA prior to rolling out any code changes to repair the possible breach. Let’s be conservative…3 months.
We are nearly 4 months out and not once has anyone communicated to the CEO about this potential issue probably because it wasn’t a big enough issue to escalate that high.
That is the issue with Corp America. This is normal. And not every single issue or potential issue can be personally reviewed by the CEO, CIO, CMO, COO, etc etc.
I agree with your points…especially the restructuring one. UGH. One of our inside jokes is…“Don’t like your job, wait 6 months it will change.”
Like I said and have always said…top executive compensation is simply way too high. And while they are culpable for large scale failures…they are not personally responsible (generally speaking).