Wisdom developed for the corporate world

Wisdom developed for the corporate world

The Dakota Indians of North America passed on this piece of wisdom from generation by word of mouth: “If you are riding a dead horse the best thing to do is dismount”.

However, in the corporate world today, because of the heavy investment factor other things need to be tried:

  • Buy a stronger whip.
  • Change riders.
  • Threaten the horse with termination.
  • Appoint a committee to study the horse.
  • Arrange to visit other sites to see how they ride dead horses.
  • Lower the standards so dead horses can be included.
  • Appoint an intervention team to reanimate the horse.
  • Create a training session to increase the riders load share.
  • Reclassify the horse as `living impaired’.
  • Change the form so it reads “This horse is not dead”.
  • Hire outside contractors to ride the dead horse.
  • Harness several dead horses together for increased speed and efficiency.
  • Donate the dead horse to a recognised charity therefore deducting its full original cost.
  • Provide additional funding to increase horse’s performance.
  • Carry out a time management study to see if lighter riders would improve productivity.
  • Purchase an after market product that makes dead horses run faster.
  • Declare the dead horse has lower overheads and is therefore more cost effective.
  • Form a quality focus group to find profitable uses for dead horses.
  • Rewrite the performance requirements for horses.
  • And, finally if all else fails, promote the dead horse into a supervisory (management) position.

I am a partner at Succession Plus. We are specialists in providing proactive, focused and strategic advice for SME owners to help them manage strategic Business Succession and Exit Planning.I am enjoying a career that has embraced product and service businesses at all stages of their journey. I have worked in technology, telecoms, consumer electronics, payments, media, and publishing.

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