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A fellow 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. "Open
these if you run up against a problem you don't think
you can solve," he said.
Well, things went along
pretty smoothly, but six months later, sales took a
downturn and he was really catching a lot of heat. About
at his wits' end, he remembered the envelopes. He went
to his drawer and took out the first envelope. The
message read, "Blame your predecessor."
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. The CEO went to his office, closed the
door and opened the third envelope.
The message said, "Prepare
three envelopes."
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