Does this CEO get it? Or is he going way overboard?
Haruka Nishimatsu, top executive at Japan Airline, the world’s 10th largest air carrier, earns $90,000 a year in salary, CBS News reported.
He takes the bus to work, knocked down the walls of his office so employees could drop in, buys his suits at discount retailers and visits his frontline employees on the airplanes.
"If management is distant, up in the clouds, people just wait for orders," Nishimatsu told CBS News through a translator. "I want my people to think for themselves."
According to Nishimatsu, the buck actually stops at his desk.
"He says that if you're having a bad experience, don't get angry with the people you're dealing with--blame the person in charge," CBS News reported.
And that $90,000 salary: when Japan Airlines was forced to slash salaries Nishimatsu also took a pay cut.
Is this guy for real?
American CEOs are sweating a proposed salary cap of $500,000 a year. Imagine the collective C-suite breakdown if Nishimatsu-syndrome took hold.