Decision Making Without Critical Information

A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. After a few seconds of arguing over which one should go and answer the doorbell, the wife gives up, quickly wraps herself up in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbor.
Before she says a word, Bob says, “I’ll give you £800 to drop that towel that you have on”
After thinking for a moment, the woman drops her towel and stands naked in front of Bob.
After a few seconds, Bob hands her £800 and leaves. Confused, but excited about her good fortune, the woman wraps back up in the towel and goes back upstairs. When she gets back to the bathroom, her husband asks from the shower, “Who was that?”
“It was Bob the next door neighbor,” she replies.
“Great,” the husband says, “did he say anything about the £800 he owes me?”
Management Lesson: If you share critical information pertaining to credit and risk in a timely fashion with your stakeholders, you may be in a position to prevent avoidable exposure.

Source: Original source unknown

Enter your email address:

Delivered by FeedBurner

Main site address is http://www.vinodhemdev.blogspot.com Subscribe in a reader For more stories, click on the word Home or click on ONE STORY A DAY

Subscribe to ONE STORY A DAY

We also invite you to send us stories you would like to see published in this blog. You can send us either stories you have written or stories written by others that you have liked. You may rest assured that both you and the author are credited for your submission. Just send a copy of your stories and other pieces to my email address: vinodhemdev@gmail.com

↑ Grab this Headline Animator