Friday, 16 October 2015

Three envelopes

A fellow had just been hired as the new CEO of a large high tech corporation. The CEO who was stepping down, met with him privately & presented him with three numbered envelopes. "Open these if you run up against a problem you don't think you can solve," he said.
Well, things went along pretty smoothly, but six months later, sales took a downturn & he was really catching a lot of heat. 
About at his wits's end, he remembered the envelopes. He went to his drawer & took out the first envelope. The message read, "Blame your predecessor." 
The new CEO called a press conference & tactfully laid the blame at the feet of the previous CEO. Satisfied with his comments, the press - & Wall Street - responded positively, sales began to pick up & the problem was soon behind him. 
About a year later, the company was again experiencing a slight dip in sales, combined with serious product problems. Having learned from his previous experience, the CEO quickly opened the second envelope.
The message read, "Reorganize." This he did & the company quickly rebounded. 
After several consecutive profitable quarters, the company once again fell on difficult times. 
The CEO went to his office, closed the door & opened the third envelope. 
The message said, "Prepare three envelopes."
 

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