Is Your Company or Industry in Decline? Bring in the Lawyers

by Scott Baradell | PR and Pop Culture

Is Your Company or Industry in Decline? Bring in the Lawyers

An anonymous commenter just offered up a piece of brilliance in response to this post and this post, and we wanted to highlight it:

My father (who was in a position to know) used to tell me that you can tell a company’s position in its lifecycle by looking at who is calling the shots in the executive team.

1. birth – creatives such as inventors, engineers, scientists to create the company

2. growth – sales and marketing to generate new sales

3. maturity – accountants, et al for cost reduction and efficiency

4. death – lawyers to handle M&A, bankruptcy or to finesse how to sell products at a price no longer justified by their actual value.

I’ve worked for half a dozen companies over the last 30 years and I’ve seen the same pattern.

Makes you think about situations like this, doesn’t it!

Indeed.

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2 thoughts on “Is Your Company or Industry in Decline? Bring in the Lawyers

  1. Anonymous

    Ok, so what about when you have a micromanaging president who thinks he knows more than the rest of the team combined, and doesn’t let anyone else call any of the shots?

    *Phew* I feel better now.

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