Tuesday, January 31, 2012

Japan has set another example again

I read with interest on what the senior executives of NTT DoCoMo have done over the series of network malfunctions and leakage of personal information. The president will have his remuneration reduced by 20 percent for three months while the other executives will take a 10 percent cut over the same period.

It's not the cut that counts, but the responsibility shown that is worth emulating. The top management after all are responsible for the direction the company is doing towards. If there are problems, either the direction is wrong, or the direction is not filtered down to the lower levels. Either case, the management cannot absolve themselves from all responsibilities.

Something that we do not see frequently.

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