Some companies just plain suck when it comes to business decisions. Sometimes only the founding members, CEOs, or a select few of the favoured ones get to make these decisions.
I’ve cringed at many horrible undertakings that seem to only cripple a company and destroy the morale of its employees:-
- Nepotism
- Ineffective hiring procedures
- Making promises that employees know will never be honoured
- Once I even heard a CEO say “We will never fire anyone.”
Old School companies need to keep it real and start competing in the market place. This guy is onto it with his article which puts forward the thought that the company as a whole may make more effective decisions.
