Tuesday, September 27, 2005

Advice to new CEO's.

New CEO is given 3 envelopes by outgoing CEO and told if you fail to hit quarterly targets, open an envelope.
After problems in the first quarter, he opens first envelope which says "blame the previous CEO"
At the second quarter he's still behind target so he opens second envelope which says "blame the market"
It's not going well, and after poor results for the third quarter, he opens third envelope which says "take 3 envelopes..."
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