Management lesson – Share critical information with stakeholder

A man is getting into the shower just as his wife is finishing up  her shower when the doorbell rings. After a few seconds of arguing over which one should go and answer the doorbell, the wife gives up, quickly wraps herself up in a towel and runs downstairs. When she opens the door, there stands Bob, the next door neighbor.

Before she says a word, Bob says, “I’ll give you $ 800 just to drop that towel that you have on”. After thinking for a
moment, the woman drops her towel and stands naked in front of Bob. Bob has a close look at her for a few seconds, hands over $800 and quietly leaves.

Confused, but excited about her good fortune, the woman wraps back up in the towel and goes upstairs. When she gets back to the bathroom, her husband asks from the shower “Who was that?”
“It was Bob the next door neighbor,” she replies.
“Great,” the husband says, “did he say any! thing about the $800 he owes me?”

MORAL OF THE STORY: Share critical credit information with your stakeholders to prevent avoidable exposure!

07. August 2009 by Monica Gupta
Categories: Case study, General Management, Human Resources, Management | Tags: , , , , , , | Leave a comment

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