Our corporate dilemma

I am fortunate to be on the Board of Directors of a very successful corporation.  We hired a new CEO a few years ago to turn our company around from the results of poor management by the previous CEO.  He has done so.  He had been a successful manager most of his life, although in a separate industry, so we took a chance and hired him.  He took stock of what was wrong and what was right with our company, which he had admired for many years, and went on from there.  As a result, we have been able to recall workers and give raises to our workers, and manufacturing and sales are booming.  Earnings are up.  We are successful again. Our CEO has also been successful in negotiating beneficial contracts with our vendors and suppliers.  Efficiency has been increased by reviewing our rules and regulations and eliminating those that served no valid corporate purpose yet maintained appropriate levels of...(Read Full Post)
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