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Wednesday, November 5, 2008

Three envelopes

An Ode to the Tanking Economy...
 
A man had just been hired as the new managing director of a large high tech London-based corporation.

The previous managing director who was stepping down, met with him privately and presented him with three numbered envelopes. "Open these if you run up against a problem you don't think you can solve," he said.

Things went along pretty smoothly, but three months later, sales took a downturn and the new MD was really catching a lot of heat. It was then that he remembered the three envelopes.

He went to his drawer and took out the first one. The message read, "Blame your predecessor. "

The new MD called a press conference and tactfully laid the blame at the feet of the previous MD.

Satisfied with his comments, the press and the city responded positively. Sales began to pick up and the problem was soon behind him.

However, a mere three months later, the company was again experiencing a dip in sales, combined with serious product difficulties. Remembering the envelopes, the MD opened the second one. The message read, "Reorganize. " This he did, and the company quickly rebounded.

After two consecutive profitable quarters, the company again fell on difficult times. The MD went to his office, closed the door and opened the third envelope. The message said, "Prepare three envelopes."

 

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