Yet, despite their flaws and excesses, activists are a force for good....all the way to the bankOne reason is that plenty of companies suffer from rotten management.
In 1994, after a reported (but never confirmed) outbreak of pneumonic plague, it became famous for squalor, gridlock, slums and rotten management.
"The core of management was rotten," the panel wrote, "and some around it were contaminated as well .The report details how the deceptive transactions were conducted (though much remains unknown, for instance who assisted the rotten managers, both internally and externally).
Phyllis Berman has served readers well with timely exposs of rotten business management.
TOKYO — An outside panel appointed by Olympus to investigate its financial scandal issued a harsh report Tuesday, calling the company's recently departed management "rotten to the core".
A panel of legal experts appointed by Olympus, which presented its findings last week, blamed top executives who were no longer at Olympus and called the company's previous management "rotten to the core".
Mr. Takayama's position flouts recent recommendations by a third-party investigative panel, which called the Olympus management "rotten to the core" and urged the entire board to go.
"The management was rotten to the core, and infected those around it," said the report, which ran more than 200 pages, with appendixes.
That appears to go against recommendations made late last year by an independent panel appointed by Olympus to investigate the scandal, which said that the company's top management was "rotten to the core".
After a decade in power, Congress has a rotten reputation at economic management: debts, high inflation and joblessness, combined with dire performances by manufacturers, leave many gloomy.Voters crave a change.
"The management was rotten to the core, and infected those around it". From a report by an outside panel appointed by Olympus,the Japanese technology company, to investigate its financial scandal.
