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Mistakes were made

New York City meets Munich

That does not mean what you think it means

February 12th, 2008 · 2 Comments · Corporate Life

I’m not a “top” executive by any stretch of the imagination, so I’ve never been called upon to address an entire company at a meeting. But if I were, I might think saying something like “employees are our most valuable asset” to be somewhat inappropriate if the company had just spent several months letting go over 30% of the staff. Otherwise, it will be clear to all attending that what was meant by the word “valuable” is actually the word “expensive.”

2 Comments so far ↓

  • weezoh

    Nah, you’ve got it all wrong. It’s the Rizzo school of economic theory: scarcity drives the price up!

  • SmugBaldy

    We’re experiencing a period of negative growth, so we’re planning to reward our most valuable employees with a the best career placement assistance we have ever offered.

    Yah – that’s code for, “Good luck, we’re offshoring your job, and we’ve already packed the contents of your desk into a box, but we’ve also added a pamphlet on writing a great resume to take some of the sting away.”