Amel Karboul

Martin (CEO) called on the phone Friday 5pm:
Martin: “I need to talk to you, I want to make a decision if I want to continue working with my CFO or not! You know him, what do you think?”
Amel: “If you ask me if you should fire him or not, I am not going to give you an answer. However lets talk about what is going on in your mind right now. I can help you make your own decision based on your criteria and observation and reflect with you consequences for the business and for the organization.”

During our conversation, we found out the following main issues:
•    Martin was not happy with the performance of the CFO nor was the top team. The CFO did not follow up on decisions made by the board if he did not agree personally, he would say yes and then act differently upon his convictions.
•    We also found out that the CFO who was part of the organization since 25 years was hoping to become CEO himself, he never accepted Martin – an outside newcomer – as a boss. And the two were too different in their styles. Martin was suffering because of this lack of acceptance.
•    The CFO had a lot of fans and high acceptance within the organization, Martin was afraid if he would fire him, that he will have an “internal rebellion” perhaps even sabotage and the organization was in a difficult turn around situation. Read the rest of this entry »