Risk Doctrine1 book · 3 highlights

Day-One Honesty in Every Acquisition

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Evidence

  1. “is wrong. Sanjay: “He was very up front. It shocked most people. Someone asked him if there were going to be cuts, and he said, ‘Yes.’ What area? ‘Well, I don’t really need two finance departments, two personnel departments. Technical, we ll have to look. Sales, we'll have to look. But I'll let people know day one.’ And to date he has never waivered in that in an acquisition, which I think is one of our strengths. It is”

  2. “totally up-front. On D-Day of the Uccel deal, I had to let thirty people go, thirty-some-odd people.” The villain can’t be us—it must be them. Sanjay: “So after the meeting, the next”

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