Managing New Ideas
The Company Director to the Board
Chairman: If any
new ideas come up while I am out of the meeting for
a brief phone call, my vote is 'No.'
The Owl and the Field Mouse Story
little field-mouse was lost in a dense wood, unable to find his way out.
He came upon a wise old owl sitting in a tree. "Please help me, wise old
owl, how can I get out of this wood?" said the field-mouse.
"Easy," said the owl, "Grow wings and fly
out, as I do."
"But how can I grow wings?" asked the
The owl looked at him haughtily, sniffed
disdainfully, and said, "Don't bother me with the details, I only advise
for a New CEO
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
you don't think you can
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