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Advice For The New CEO

Advice For The New CEO

October 8, 2006 | Permalink


More truth than many realize. One time I took a job as the VP-Finance for a company and the President wanted me to centralize all the accounting functions into the "home office," but I quickly realized that the accountants at the remote branches had a lot better handle on the accounting than we could and any cost savings in personnel would be lost by taking the time of branch managers to help out--not to mention hiring new home office staff, training, and travel. But, the President is always right, even when he hires an expert to tell him maybe he's not.

Posted by: Woody | Oct 9, 2006 7:10:02 AM

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