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Steve Jobs’ Big Mistake By Larry Kahaner

posted Oct 11, 2011 7:56 AM by Jacqueline Lara
    In the last interview before his death, Apple CEO Steve Jobs told his authorized biographer, Pulitzer Prize winning author Walter Isaacson, why he agreed to open up about his life. Usually a private man, Jobs was referring to his children when he said: “I wasn’t always there for them, and I wanted them to know why and to understand what I did.” He added: “I wanted my kids to know me.” 

Jobs left behind his wife Laurene Powell Jobs and their three children Eve, Erin and Reed. He also fathered a daughter, Lisa Brennan-Jobs, 33, with his high school girlfriend Chrisann Brennan.

    
Jobs is the not the first CEO to say that their kids don’t know them. In my experience of interviewing hundreds of business leaders, it is far too often the case and begs a question I have asked for years: Can you be a CEO and still be a good parent or do you make a choice, choosing one over the other?
Sadly, I have come to believe that you can have one or the other but not both. I’m not saying that CEOs love their children any less than others or that their children grow up to be terrible citizens because of their CEO parent’s neglect. What I’m saying is that – in almost all cases – high driving, fully engaged CEOs don’t have enough time to devote to their families in a way that benefits them or their children. The typical business leader is always busy, often on the road, working long hours, taking breakfast and dinner meetings and even when home, not fully engaged with loved ones because of the intrusions of phones, emails and couriered papers.

    Many CEOs try to compensate by taking family vacations, but I have never seen one who can fully disengage from work and fully connect with family. Sure, it can happen when they go to a desert island or remote ski lodge, but that’s usually only a few days or a week at the most out of a year of missed birthday parties, unattended school plays and never-experienced soccer games.
    
   Although CEOs make good financial providers, kids want and need something else from parents. More than anything, they want their time and attention and it’s something that most CEOs simply can’t offer because of the rigorous demands of their job. Many CEOs will recoil at my assessment but it’s true; you can’t work 18 hours a day and be an effective parent.

    Steve Jobs worked these many hours and more as he drove Apple to the top spot of the world’s technology companies. Indeed, it reached the top spot of many company lists including market capitalization see-sawing with, but just exceeding, Exxon as the world’s most valuable company.
And while Jobs gave us all his brilliance and vision, he realized at the end of his life that he had shortchanged his children. This may be the only failing in a life of superlatives.