Saturday, June 06, 2009 12:47:57 PM
I also think the past is just that, the past. If he is genuinely building the business, then lets keep him and the leadership focused on that. This quote he gives about Buffet is not acceptable in my book (although true), it doesn't excuse the lack of effort required to keep the business books accurate. Its also a significant part of Executive Management 101, "Manage the Stakeholders." IMO, this isn't done by allowing the PPS to be inaccurate.
Point being Jared (if you or your advisors are reading these) is "GET THE PPS UPDATED AS A PRIORITY, IT IS A SIGNIFICANT PART OF GROWING THE BUSINESS!"
Next CC, I will be attending and I will (with the hopes that others will also) insist that Jared tell us why he's allowed the PPS and the company's true value not to be adequately stated and communicated...whether he knows it or not, he reports to the SH's even if its a softline in reporting.
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