Management Lesson – II

A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs.

When she opens the door, there stands Bob, the next-door neighbor. Before she says a word, Bob says, “I’ll give you $800.00 to drop that towel.” After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After few seconds, Bob hands her $800.00 and leaves.

The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, “Who was that?”
“It was Bob the next door neighbor,” she replies.
“Great!” the husband says, “did he say anything about the $800.00 he owes me?”

Management Lesson: If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure!

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