A fellow had just been hired as the new CEO of a large corporation. The current CEO was stepping down and met with the new hire privately in his office, where he handed him three numbered envelopes.
"Open these if you run up against a problem you don't think you can solve," the first CEO said.
Things went along pretty smoothly for the first six month, but then sales took a downturn and the new CEO began catching a lot of heat. He went to his drawer and took out the first envelope. The message read, "Blame your predecessor."
The new CEO called a press conference and tactfully laid the blame at the feet of the previous CEO. Sales began to pick up and the problem was soon behind him.
About a year later, the company was again experiencing a slight dip in sales, combined with serious product malfunctions. Having learned from his previous experience, the CEO opened the second envelope. The message read, "Reorganize." This he did, and the company quickly rebounded.
After several consecutive profitable quarters, the company once again fell on hard times. The CEO went to his office, closed the door and opened the third envelope.
The message said, "Prepare three envelopes."
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