Let’s Play CEO!
Do you like imagination games? I do. Let’s play one right now.
Imagine you run a huge corporation that’s run upon hard times but has plenty of strength and potential. You have devised a plan to give all your employees a plethora of new benefits. Better, your plan will also, despite the incredible cost, completely turn around your woeful bottom line. the only problem is that there are naysayers. They say your plan is way too expensive and your fiscal projections are bunk. Undaunted, you press ahead.
Meanwhile, your detractors have asked a reputable and impartial actuary to look over your plan and give his assessment of how it’ll affect your company’s debt load and whether your plan will even provide the benefit you have assured everyone repeatedly that it will. If the report turns out badly, it could pull even more shareholders, the majority of whom already think your plan’s not all that great, to oppose you. However, you do have the majority of the board on your side and you can get your plan through pretty much at will.
What’s your next move?
I’m going to guess that it probably won’t involve rushing pell-mell to get a board vote before the actuary has had time to finish his analysis. You probably wouldn’t spike preliminary information that the report was going to be really bad, either. But, hey,. maybe it would? I’m obviously not brilliant enough to become Presid…err, a guy who runs a huge business. I would suggest, though, that if you were to rush ahead of a report like that, you might just be trying to hide something.
Other Posts of Interest:
- If You Hear This Week That Max Baucus Was Attacked by a Wolverine, Here’s Why It Happened.
- As It Happens, Americans Don’t Tend to Think Health Care Costs Are Driving Them Toward Eating Dog Food
- The ObamaCare Cheat Sheet
Category: Health Care Craziness, The Economy and Your Money
