Friday, October 10, 2008

Hey Diddle Diddle

So here we are - weeks since my last post and the news and outlook for this economy is worse than ever. More big banks have floundered and fell, AIG is in trouble for spending $500k on a trip to reward their sales people (who didn't sell by the way???), the Dow is below 9000 and the behemoth of GM is poised on the edge of bankruptcy.
Apparently all of these troubles were brewing under the surface for a long time and nobody saw this coming - imagine that! Could there be "huge problems" hidden beneath the surface in your organization? Wouldn't it be nice to expose them earlier, before they turn into a really big and unfixable mess.
I would imagine that if I could go back in time to speak to the CEO's of AIG, Bear Sterns, Wachovia or Lehman Brothers they would say "all set", "no problems", "I have a great team of people who know what they are doing" etc, etc. Of course they would have been wrong but therein lies the curiosity. All too often so called business leaders don't lead and have ulterior motives. Finding "problems" that need fixed will mean work and change for them - yuk!
It is rumored that emperor Nero started the great fire of Rome and played his lyre while it burned. Don't know if that is true but it would make sense knowing what we know about Nero. The fire made room for a new Palace and gave him an opportunity to frame the Christians for the disaster (and then persecute them) as well as ridding the city of slums and many of the poor.
In our modern situation I think we all know that the "fire" could parallel this economic melt down - I haven't worked out who Nero is yet, but I am sure he is out there somewhere playing a fiddle.

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