1. Say nothing about the false numbers. Of course, the company will miss the projections and have...

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1. Say nothing about the false numbers. Of course, the company will miss the projections and have to come up with a good explanation, but, after all, isn’t that par for the course among fledgling high-tech companies?

Chances are the whole thing will blow over without a problem.

As the new, heavily recruited CEO of a high-technology start-up backed by several of Silicon Valley’s leading venture capitalists, Chuck Campbell is flying high—great job, good salary, stock options, and a chance to be in on the ground floor and build one of the truly great twenty-first—century organizations. Just a few days into the job, Chuck participated in a presentation to a new group of potential investors for funding that could help the company expand marketing, improve its services, and invest in growth.
By the end of the meeting, the investors had verbally committed $16 million in funding.

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Management

ISBN: 9780538479530

10th Edition

Authors: Richard L. Daft

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