In this article Harrison discusses the reasons why the best executives are so highly paid. According to him the main reason for this is that exceptional executives are rare. A top executive has to make numerous decisions and calculations whilst taking every factor into account each day. There are very few people who have the capacity to organize people, increase productivity and profitability, all while facing criticism and driving a company forward. The survival and prosperity of a company depends on having people who can give good orders – and have them carried out by others. Those who can lead groups typically are the highest paid people inside corporations and groups. The highest paid executives are able to implement and get things done; the lowest paid typically are not able to do this.

Companies are constantly striving for greater efficiency, and jobs tend to disappear because they can be done cheaper elsewhere. Consequently, you must constantly seek to improve your own efficiency in order to retain your value to your employer. Work to always increase the company’s output at the lowest possible cost. You will succeed if you find a position where your role is tied to increasing the efficiency of the company’s work.

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You must prepare in order to succeed in anything you undertake. The more time you plan before acting, the less time you will later have to devote to repairs and adjustments. Proper planning means that you only have to undertake a task once, rather than having to go back and repeatedly fix them. The more you plan, the smoother you will make you life and career.