Taking The Ball And Leaving – The Business Of Family In Business
Not a sports story but a workplace story. A superstar is leaving a workplace and one of his primary gripes is that the coach hired his son and gave him preferential treatment to the detriment of the team. Assuming this is true, how can this happen. I can see it happening in a tiny operation but in a multi-million dollar enterprise owned by a software billionaire under the media glare, this is both predictable and preventable, yet it was allowed to happen. The odds of them winning fell from 40-1 to 100-1 with this guy leaving and the very measurable cost of that is massive and longterm. All ‘family’ businesses need to have plans in place and over-the-top transparency to avoid this and the perception of it.