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Which one wins, which one is more important…
When I arrived in a leadership role to head a company of the group, my first assignment was to put together a turn-around plan. The company had been losing money for several years and I was following two other presidents that were not successful in making a profit. My turn-around plan included among other actions lay-offs, which meant I had to get the approval of the company union.
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Loyalty is defined as a strong feeling of support and allegiance; faithfulness and fidelity to someone or something. Loyalty is also defined as the state or quality of being faithful to commitments or obligations. My preferred description of loyalty is being there for someone through the highs and lows, that is, staying by their side regardless of the circumstances. Loyal friends who can be depended upon are gems and a true blessing.
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A recent article in a national newspaper covered a legal battle between a well-known Canadian entrepreneur and his investors. The entrepreneur had founded a chain of casual restaurants that included franchised and corporate-owned operations. He had recently won CEO of the year; he was a member of the Order of Canada and was known for promoting the idea of a “kinder capitalism”.