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
Motilal Oswal Q2 Results: Profit plunges 68% YoY to Rs 362 crore, revenue
down 35%
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Motilal Oswal Financial Services reported a 68% YoY decline in consolidated
profit to ₹362 crore, while revenue fell 35% to ₹1,849 crore. However,
asset ma...
3 hours ago