Loyalty and Competence
Top executives should rate their subordinates on loyalty and competence. Those who are more loyal than competent should be fired
because they are the dangerous ones.
They will stay forever while other more competent,
less loyal people will jump ship
as problems develop.
And the loyal, noncompetent subordinates will “protect”
their bosses from the truth. Reality will be
too threatening and ugly.
When truth dies, really bad things happen
---Shapiro, Slywotzky and Tedlow
Ravi Dabbiroo | Chief, Founder www.ziceholidays.com | 9891925475
Beleagured banking sector looking at an additional Rs 40,000cr NPAs
-
Beleagured banking sector looking at an additional Rs 40,000cr NPAsBanks
are already saddled with NPAs of over Rs 8L-cr and there seems to be no
respite fr...
1 hour ago
