Why failure is a value proposition.
By Bill Reeb and Dominic Cingoranelli
CPA Trendlines / Succession Institute
I want to start by talking about the phrase “having your employees’ backs.” So what does this mean? Simply that, as the boss, you will take the bullets publicly for your people’s mistakes. This is such a rare phenomenon that many of you have never experienced what I am referring to – a boss taking the heat for his or her people.
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Most of the time, when problems are uncovered, company cultures are “at the ready” to quickly identify someone to blame regardless of the situation. In these organizations, those with exceptional CYA skills are the most highly valued. No, I did not misspell this acronym as it was not meant to be CIA (as in the government intelligence agency or certified internal auditors), but rather those good at covering their butts (I guess I should have referred to it as CYB).
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