your are CEO of company your company has decided of trip of employees. drafting a notice for same
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• Editors’ Note: This fictional letter from a board member to a CEO highlights the challenges and complexities of running a business in today’s uncertain environment. While avoiding the facile bashing of U.S. executives so common these days, it nonetheless casts a hard light on the flaws that have recently been exposed in the American management model. We hope that you find it an illuminating, and bracing, read.
Dear CEO,
• I’ve been reflecting on the recent board meeting. We were all encouraged by the third-quarter revenue numbers and the improving forecast for the year. The stabilization of our gross margin, despite the price cuts, speaks well of your latest cost reduction initiatives. On the whole, I think we can safely assume we’ve weathered the current storm. However, while we can all be grateful for the recent signs of an upturn in our performance, I suspect the next year or two will hold many challenges.