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September 3rd, 2012
12:16 PM ET

Is business experience important for a president? Duke Energy CEO Jim Rogers on the critical qualities of an effective business and political leader

In Charlotte, NC this morning, delegates are rolling in and ready to begin the Democratic National Convention. The Democrats trying to convince voters they are better off now than they were four years ago.

But familiar criticism is popping up about the President's resume. Critics are pointing out that he had no experience running a company, noting that Mitt Romney has lots of experience running a company.

Duke Energy CEO Jim Rogers, co-chair of the Democratic National Convention host committee, addresses whether business experience is important for running the United States.

"As a CEO, you have to balance interests of your shareholders as well as your customers," Rogers says. "Being president of the United States, you have to balance many stakeholders interests and come up with the right solution and get the balance right between the role of business and the role of government. That's really the key to leading our country."

Rogers also weighs in on the big question of the convention: Whether voters are better off now than they were four years ago.

"The President started in a deep hole, and he's worked his way out. The more relevant question is, are we on the right trend? Are we moving in the right direction? And maybe more importantly is, where will we be in 2016? That to me are the relevant questions Americans should be asking," Rogers says.

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