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Thursday 29 April 2010

Bad Habit: Who's Interest?

Most companies do not do well for one key reason. Employees fail to act in the best interest of the company. Seriously, what's your thinking process before doing something for your company? I have seen this happening all the time.

Shareholders fight and try to kill each other. Sometimes, it results in hostile takeovers. CEOs and MDs want to make a decision that will make them popular, famous or rich. Senior managers worry about their little empires. They want more staff, more budget in their domain. Engineers want a pay raise. Corrupt purchasing officers worry what's in it for themselves.

We all have to take care of ourselves, but please make decisions that are in the best interest of the company. Otherwise, companies are doomed to fail. Many have failed in the world. Investment bankers trying to look good to their bosses. Bosses who worry about their multi-million dollar profit.

If this is how things work, be prepared for the doom of the company. Don't be too surprise if the doors are closed one working - just like the now historical Lehman Brothers.

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