Post by Bigman80 on May 15, 2019 5:42:00 GMT
www.bbc.co.uk/news/business-48269171
He’s minted. He’s achieved more than most blokes and he’s walked away at a time when he still has a chance to enjoy a large chunk of life.
He’s given dosh and shares to his workers and he’s also ceded control.
Sounds like a great idea......any downsides?
Well, he’s probably not going to have anyone as good as he was to take over. I used to know him back in tne day and he tended to attract “yes men”. I do worry slightly at how the company will change going forward. Hifi is a changing and perhaps dying market. There will be loads of shifts in buyer habits so maybe younger folk are better placed.
Whatever the score, I think it’s great that he’s valued life over money and power, plus he has valued and rewarded his workers. When I knew him, he was a bit of a benevolent dictator, with the emphasis on benevolence. I wish him and Richer Sounds well. I hope it serves as an example to others.
Thoughts?
He’s minted. He’s achieved more than most blokes and he’s walked away at a time when he still has a chance to enjoy a large chunk of life.
He’s given dosh and shares to his workers and he’s also ceded control.
Sounds like a great idea......any downsides?
Well, he’s probably not going to have anyone as good as he was to take over. I used to know him back in tne day and he tended to attract “yes men”. I do worry slightly at how the company will change going forward. Hifi is a changing and perhaps dying market. There will be loads of shifts in buyer habits so maybe younger folk are better placed.
Whatever the score, I think it’s great that he’s valued life over money and power, plus he has valued and rewarded his workers. When I knew him, he was a bit of a benevolent dictator, with the emphasis on benevolence. I wish him and Richer Sounds well. I hope it serves as an example to others.
Thoughts?
