Money doesn’t talk..........
We have worked with many people who have made a lot of money
in business, and some who have inherited family prosperity to invest in or
develop a business. But it is this perception and the reality of wealth that can
give rise to all sorts of dysfunctional relationships.
I couldn’t understand why two members of the senior management
team were not included in the 360 degree appraisals that we were planning. The
Managing Director replied that two of them “don’t like you”. Now this business
has several blue chip clients in the oil industry and regards itself as the
market leader in its sphere of expertise. I had questioned this.
So Dave replied that one of his directors Jill, was a
personal friend who had been with the company for twenty years. He said that
she thought my approach was “too abrasive”.
“And what about the other?” the finance director, I enquired.
“Ah, well” Dave said. “I would hate to lose Suzanne because she looks after my
personal finances as well as those of the business.”
So I said “What do you mean lose, we are only looking at
what each member of your board can do to improve their performance in order to
improve the performance of your business?”
A genuine danger to any business is where hidden agendas,
duplicity and politics are rife at the top. In these cases, Bob Dylan is right
when he sings “Money doesn’t talk ........ it swears.”
posted by Tim @ 11:45 PM
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