Why CEOs Run for President




Money Talking show

Summary: <p>When former HP CEO Carly Fiorina enters the presidential race <a href="http://www.wsj.com/articles/carly-fiorina-to-launch-presidential-campaign-on-may-4-1429732381">next week</a>, as she's expected to do, she'll stand out as the only woman to enter the <a href="http://www.economist.com/news/united-states/21649526-how-tell-listers-publicity-seekers-field-guide-2016">Republican ring</a>. When she makes her announcement (and launches her second <a href="http://www.amazon.com/Rising-Challenge-My-Leadership-Journey/dp/1591848032">book</a>), part of her message is expected to be that her experience as CEO makes her qualified to lead the country. </p> <p>It's an argument voters have heard before when business leaders run for elected office. </p> <p>Mitt Romney ran on his business acumen in the <a href="http://www.nytimes.com/2012/10/21/magazine/mitt-romney-ceo-president.html">last presidential election.</a> And Michael Bloomberg served as New York City's mayor for three terms after a successful career in business (which he has since resumed).</p> <p>But <a href="http://www.washingtonpost.com/opinions/can-a-businessman-help-the-economy-for-presidents-the-answer-has-been-no/2012/10/19/3e96459e-17ab-11e2-9855-71f2b202721b_story.html">some</a> <a href="http://www.nytimes.com/2012/10/21/magazine/mitt-romney-ceo-president.html">argue </a>that history hasn't been kind to businessmen who find themselves in the Oval Office.</p> <p>As for Fiorina, political analysts seem to have come to a consensus: she has no chance. She has never held political office, garnered just two percent of Republican votes in a recent <a href="http://i2.cdn.turner.com/cnn/2015/images/04/20/cnnorc2016poll04202015.pdf">poll</a>, and has a <a href="http://www.inc.com/jeremy-quittner/carly-fiorina-joins-republican-hopefuls-in-presidential-bid.html">decidedly</a> <a href="http://www.businessinsider.com/carly-fiorina-presidential-ambitions-follow-a-terrible-record-at-hp-2015-3">mixed</a> reputation in the business world. So why would she run for president? </p> <p>Money Talking host Charlie Herman asks business reporters <a href="http://topics.wsj.com/person/A/biography/8215" target="_blank">John Carney</a> of the Wall Street Journal and <a href="http://sheelahkolhatkar.com/">Sheelah Kolhatkar</a> of Bloomberg Business Week: Do good CEOs make good presidents? And for that matter, what makes a good CEO in the first place?</p>