Wednesday, August 17, 2011

Highlight Issue: Why Some Companies Fail to Live to Expectations

For the past months, it is being observed that Top Management failed to deliver as promised.

Whilst it is good to note that Corporate Malaysia attempts to split the work of a Chairman/Managing Director with the day-to-day running of CEO/General Manager, a word of caution must be explicitly offered:-

Choose your people wisely.

Nowadays, Top Management being CEOs and other titulars are from younger generations which are tech savvy and enterprising. Their aggressive attitudes and egos in life are fast-paced and honorific -- which can be both pros and cons.

Pros -- equal minded business partners are willing to work with those who pursue dreams at a shorter life span. Why be profitable by the 7th year when it can be done in 3 years with good partnership?

Cons -- over-promising, #1 in suggestions and #last in carrying out actual work. Resulting: poor results.

Here, bad CEOs highlighted their lives to the public -- from one Facebook entry of a young CEO,
"Its a boring job" and the personal interests are all the political-activities such as anti-this, anti-that of non-business related affiliations.

Perhaps he wants to emulate the styles of Sam Wal-"mart"ton, Michael Dell or Tan Sri Tony Fernandez, people who live life to the fullest and interacting with the people around them. However, these people rub positive image and positive beliefs.

It is no wonder, a used to-be great company which had millions in profits ending up with millions in losses over short-term period after management restructuring.

If the CEO finds his job boring, little wonders what the staff feels about his/her job over there.

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