Responsibility of the CEO

@ossie16d (11834)
Australia
November 30, 2006 10:21am CST
Morris had just been hired as the new CEO of a large high tech corporation. The CEO who was stepping down met with him privately and presented him with three numbered envelopes....#1,#2,#3. "Open these if you run up against a problem you don't think you can solve," the departing CEO said. Well, things went along pretty smoothly, but six months later, sales took a downturn and Morris was really catching a lot of heat. About at his wit's end, he remembered the envelopes. He went to his drawer and took out the first envelope. The message read, "Blame your predecessor." Morris, the new CEO called a press conference and tactfully laid the blame at the feet of the previous CEO. Satisfied with his comments, the press -- and Wall Street -- responded positively, sales began to pick up and the problem was soon behind him. About a year later, the company was again experiencing a slight dip in sales, combined with serious product problems. Having learned from his previous experience, the CEO quickly opened the second envelope. The message read, "Reorganize." This he did, and the company quickly rebounded. After several consecutive profitable quarters, the company once again fell on difficult times. Morris went to his office, closed the door and opened the third envelope. The message said, "Prepare three envelopes..."
3 people like this
4 responses
@oldboy46 (2132)
• Australia
9 Feb 07
A good one .... what actually does happen in the real world of big business too. How many times do you hear that someone has gotten the sack ..... but told that it was an "administration overhaul" .... but a new person arrives soon after and all is well for a couple of years ..... then they too are out the door.
@ossie16d (11834)
• Australia
9 Feb 07
Glad that you enjoyed this one oldboy and I do like the term "administration overhaul".
@sweetie88 (4559)
• Pakistan
4 Dec 06
Few moments ago, i read urs a serious discussion. I've become serious after reading and responsing to that discussion but i saw urs this discussion onw and have become normal now and smilled. Keep on telling us such nice jokes!!!! Have a nice day!!!!! Best of luck for future too!!!!!
@ossie16d (11834)
• Australia
4 Dec 06
I am pleased that this gave you a smile sweetie88, and we always need some laughter in our life. Thanks for reading and responding. :)
@forfein (2509)
30 Nov 06
YES!!! There are some good stuff on here tonight!! That is the third one that has had me smiling Thanks
@ossie16d (11834)
• Australia
30 Nov 06
Sometimes we all need a little laugh, so I was pleased to contribute to making you smile today. Thank you for reading and responding. :)
@caribe (2465)
• United States
30 Nov 06
Ossie, that is so good and it is pretty much how it goes, too. Thanks for the chuckle of the day.
@ossie16d (11834)
• Australia
30 Nov 06
I am pleased that you read and enjoyed this caribe. Thanks very much for responding. :)