Archive for September, 2010

A sales rep, an administration clerk and the manager are walking to lunch when they find an antique oil lamp. They rub it and a Genie comes out in a puff of
smoke. The Genie says, “I usually only grant three wishes, so I’ll give each of you just one.”  “Me first! Me first!” says the admin clerk. “I want to be in the Bahamas, driving a speedboat, without a care in the world.”  Poof! She’s gone.  In astonishment, “Me next! Me next!” says the sales rep. “I want to be in Hawaii, relaxing on the beach with my personal masseuse, an Endless supply of pina coladas and the love of my life.”  Poof! He’s gone. “OK, you’re up,” the Genie says to the manager. The
manager says, “I want those two back in the office after lunch.”

Moral: Always let your boss have the first say.

Avoidable Exposure

Posted: September 2, 2010 in Uncategorized

A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings.  After a few seconds of arguing over which one should go and answer the doorbell, the wife gives up, quickly wraps herself up 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 to drop that towel that you have on” After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After a few seconds, Bob hands her 800 dollars and leaves.  Confused, but excited about her good fortune, the woman wraps back up in the towel and goes back upstairs. When she gets back to the bathroom, her husband asks from the shower, “Who was that?” “It was Bob the next door neighbor,” she replies.  “Great!” the husband says, “Did he say anything about the $800 he owes me?”

Moral: If you share critical information pertaining to credit and risk in time with your stakeholders, you may be in a position to prevent avoidable exposure.

Sitting Idle

Posted: September 2, 2010 in Management
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A crow was sitting on a tree, doing nothing all day.A small rabbit saw the crow, and asked him, “Can I also sit like you and do nothing all day long?”

The crow answered: ” Sure, why not.”

So, the rabbit sat on the ground below the crow, and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate it.

Moral: To be sitting and doing nothing, you must be sitting very, very high up.