Tell me how we lost the $1.7 million settlement was the simple question that I asked over and over. The person stammered through several unintelligible answers but finally said the very fateful…….. “Because I Can”. Talk about the straw that broke the camels back!!! Finally, in those three words there was an admission that all the bad decisions and very questionable strategy boiled down to “Because I Can”. Really?
Why were there multiple trysts with government procurement officials… Because I Can
Why was there a million dollar plus loss on multiple projects and consistent profit fade on all the others… Because I Can
Why did we utilize subcontractors that went bankrupt and left us holding the bag… Because I Can
Why were projects underbid to the point where it was impossible to make money without resorting to unethical practices like stiffing subcontractors… Because I Can
Why were safety procedures and protocols not strictly enforced to prevent unexploded ordinance from being sold to third parties unremediated and causing bodily harm… Because I Can
Why did the senior manager alienate very capable staff to the point that they left the firm… Because I Can
Why were there projects in questionable parts of the world where other firms went to die… Because I Can
Why were bonding companies not told the entire truth about problem projects… Because I can
Why were investors in other assets made to fight for what was rightfully theirs… Because I Can
Why do I focus on WIP when cash is the only reality… Because I Can
When it dawned on me that the investments made in this firm were subject to going poof because of this “Because I Can” philosophy it was time to head for the exit.
Time to cash in my chips and preserve what I could before the head pinhead pissed it away just because they could. Better to get out with what you could instead of sticking around waiting for the inevitable face plants that kept occurring.
There has been a continued brain drain from this firm as it becomes apparent to many others that the firms upper management lacks the ability to lead. It continues to have the self centered “Because I Can” mentality that has it on the Highway to Hell. Multiple lawsuits filed against the company with no end in sight. Correction, there is an end in sight – for the company as an ongoing entity.
Lesson learned: don’t wait until your investment in a firm goes to zero when it becomes apparent that you have placed your money on a losing proposition. Use the “Because I Can” philosophy to your benefit!! I left, Because I can…….
This is a work of fiction. Names, characters, businesses, places, events, locales, and incidents are either the products of the author’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.