Replies to post #4588 on Aurora Acquisition Corp (AURC)

[r7315]

As a management consultant for over twenty years...

I like to remind shareholders that people typically rise to the expectations of others...

low expectations = low performance
high expectations (but reasonable) = high performance.

Therefore, it is always important that shareholders do not convey the former to management but the latter. Make it clear, in a nice but firm way, that you will hold them accountable and expect them to run the company in a professional, responsible manner. To do otherwise is just begging for trouble. Since coming to IHub I have been shocked to find some shareholders in other companies continually making excuses for poor management that would be obvious to anyone with common sense. (I have not seen much of this on the AURC board.)

Any manager who does not respond to the concerns of shareholders, customers, suppliers, etc. is delusional and puts his/her company in jeopardy. Also, don't let people tell you that if it's a small young company, this does not apply...ridiculous! They have a fiduciary responsibility to the company and its shareholders period...the size of the company is of no consequence when it comes to ethics and accountability.

I bought more AURC today and expect Parkin to be more responsible when it comes to making promises about announcements to shareholders. Hopefully, this will happen.

Some great people on this board...thanks for all your input!