By Peter Jeff
The Leadership Mints Guy
Here’s an idea to help you develop relationship in your project management. Reading time: 3:44
The newly appointed CEO was shocked and perplexed when the Chairman of the company left an urgent message for the CEO to cut short his European business trip and return as soon as possible to the corporate headquarters in the United States.
Was it an unwanted takeover bid? Or an explosion in a manufacturing plant ? A kidnapping of a board member?
The new CEO wondered what the crisis was about as he hurriedly broke away from negotiations in acquiring a company that would shore up a key vulnerability in the company’s product line.
“A party—a retirement party?” the new CEO repeated in a frustrating and exasperating tone. “You want me to leave millions of dollars on the table right now –that’s the potential we have in acquiring this company that we had already talked about with you and the Board–to fly back to corporate headquarters to attend a retirement party?
The Chairman of the Board calmly and resolutely confirmed his direction. The new CEO did attend the retirement party –an annual event that celebrates, lauds and says a big Thank You to hundreds of employees with 25 years or more of service.
That annual Retirement Party is so important that top management — including the Chairman and the CEO and each company president– are always there in person to press the flesh. Continue reading