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4/06/2008

Story of an ex CEO in an MNC

The CEO was replaced by a younger man, full of ideas and idealism, full of energy and vibrancy. The new CEO let the ex CEO sit in an equally big office next to his. All his other perks remained the same, including his private car park and driver, and his pay. And so was his private secretary which they both shared. The only exception is that all the duties and responsibilities were taken over by the new man. And for the lack of something to do, the ex CEO was assigned to look after the welfare of the old and loyal employees. And he was given the freedom to design his own job specifications. His request to visit other countries for 6 months on a study tour was quickly approved. The ex CEO was happy, that he was well treated and still walked around like a CEO. He was invited to all the official functions, like a CEO. After a year, he quit. He thought he was having a good time until one day, in his blurry and self deluded state of mind, he realised that he was being overpaid for doing exactly nothing. He quit out of shame and out of guilt. He even returned all the money he received from his company for the year he was there, for doing nothing. At least he valued his decency and for quitting, claimed back a little self respect and honour for himself.

9 comments:

Anonymous said...

hmmm sounds familar.... hmmmm

Anonymous said...

Some people know shame and conscience, but some are simply devoid of shame and conscience. They will always try to cook up a reason to stay on.

Anonymous said...

Some are too used to the position of power and its benefits that they are unwilling to let go or rather, they see no reason to let go when they are benefiting. It is the selfish desire we all have of protecting our own interest.

redbean said...

learn from the japanese and china.

Anonymous said...

But then they will say the Japanese and Chinese style cannot work here. Singapore is unique. End of story.

redbean said...

we taught the chinese that it is important to get rid of all the old hags. look at the chinese leadership today, they look like our cabinet once, young and fresh.

they also instituted something like the americans, two terms, to prevent anyone from overstaying.

Anonymous said...

Two terms also cannot work in Singapore because they will say we do not have enough talents like America and China. Singapore is unique. End of story.

Anonymous said...

LKY goes even further by saying that we don't have enough local talents for 2 party system to work.

redbean said...

complacency. it has happened. what to do.