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Archive for March 14th, 2007

Judge drops charges against ex-HP chief

A judge dropped charges Wednesday against former Hewlett-Packard Co. board Chairwoman Patricia Dunn, who was accused of orchestrating the boardroom spying scandal at the Silicon Valley computer company.

Now that’s just great! The small ones must hang and the big ones go…

Wouldn’t you agree that she did wrong, knew she did wrong and now she is getting off…

Leadership? Ethics? Morals?


There goes another day when many will lose their trust and believes in the system.

What’s next?



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Filed by Frank Kanu under Business, Ethics, Leadership, Management, Politics

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Need A Mortgage? No Problem, Just Lie!

Some companies were filling out false applications to ensure the credit was agreed. In Edwardsen’s case, she became a doctor with a monthly income of 6,000 dollars.
We all knew that one day sooner or later the real estate bubble would prove to be just that: A bubble.

But did anyone imagine what some companies would do—just to make a few more fast bucks?


Each time she got into difficulties, her mortgage broker would offer a new deal. From an original loan of 103,000 dollars, she now owes the credit company some 285,000 dollars even though her monthly income has remained the same.

Shame on all of us who thought that there is actually a real process behind applying and getting approved for a mortgage. An old saying in Germany is that it is better to open a bank than to rob one: It’s legal and makes you more money. I think we should say: If you are scrupulous and want to make a lot of money as fast as possible—open a mortgage bank.

Isn’t it funny that since Eron—after all those new mechanism got implemented to avoid this kind of crap—more and more companies stink like never before?


PS: My deepest apologies to the handful of companies out there which are honest, ethical and still do business the right way.

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Filed by Frank Kanu under Business, Ethics, Leadership

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This Isn’t Leadership Anymore, Now Is It?

“I acknowledge that mistakes were made here. I accept that responsibility,” Gonzales said. He said he did not know the details of the plan to fire the prosecutors, but he defended the dismissals: “I stand by the decision, and I think it was a right decision.”
You acknowledge mistakes and accept that responsibility. The responsibility to acknowledge mistakes?

Doesn’t that make you rather speechless?


Then, Mr. Gonzales does not know the details but does know it was the right decision and does stand by it.
Wow!

Do you also stand by decisions that you do not know the details off—AND you know they were the right decisions?

How about a public apology to those that got fired?

Do you understand why Republicans and Democrats alike criticize Attorney General Alberto R. Gonzales?

Do you think this is leadership or just management at its worst?


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The Top 5 Career Killers

Overestimating abilities and not able to accept constructive criticism
Not understanding the rules of the corporate culture
Not willing to change
Unable to recognize networks within the corporation
No personal goals

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