08 September 2005

- The CEO President -

I'm just wondering:

If a CEO of a large multinational corporation devoted the work force of at least one half of an important division to a botched project that continues to drain significant corporate resources with no end in sight;

if that division also suffered from bad publicity due to illegal activities within the division;

if the CEO refused to dismiss the vice president overseeing that division and indeed continually suggested to the press that he was doing a good job;

if the corporation as a whole continually missed Wall Street estimates of its projected earnings;

if the corporation was found again and again to be overpaying its subcontractors, the CEOs of whom were close personal friends of the CEO;

if a top aide to that CEO had come under scrutiny of law officials due to shady dealings and the CEO failed to address the issue in any way;

if another division then failed spectacularly in an important project assigned to it;

if the CEO refused to dismiss immediately the vice president overseeing that division and indeed made statements to the media that this person was doing a great job, indeed that the division as a whole was doing a great job:

what would happen to that CEO?

I'm just wondering.


5 Comments:

At Thursday, 08 September, 2005, Blogger kmsqrd said...

he'd be offered a job in public service?

At Thursday, 08 September, 2005, Blogger anbruch said...

Hee, hee. Or he'd retire on a golden parachute!

anbruch
\*/

At Thursday, 08 September, 2005, Blogger Running2Ks said...

Don't they always promote and reward the dumb and evil?

At Thursday, 08 September, 2005, Blogger anbruch said...

Running2ks, there certainly seems to be evidence to that effect.

anbruch
\*/

At Friday, 09 September, 2005, Blogger liz said...

Ooooohhhhhhh! So snarky!

Post a Comment

<< Home