Those Rogue Employees
6 April 2009
Read by 1624 persons
Florian Mantione is not only a business leader but also a creator of social bonds, a bridge-builder, and a humanist. ReKrute.com, always on the lookout for new trends, has taken a strong interest in the life of this idea agitator who subtly reveals certain realities of corporate life through a selection of articles that we will share with you in the coming weeks.
The expression "rogue bosses" is relevant when it denounces abuses of power, misuse of company assets, and inelegant behavior towards employees.
But what is a boss? Is it the person who runs a company or the owner of the company? On the one hand, we have a manager, a director, an employee, and on the other, we have a true business owner, responsible for their company and personally liable for its assets. Large CAC 40 companies are almost exclusively run by employees, managers. The owners are American pension funds or other shareholders.
A craftsman, on the other hand, is a business owner, a boss.
A shopkeeper is a boss. The risks they take are their own responsibility. In these conditions, we must denounce the abuse of language that tends to confuse "high-paid employee" with boss.
When Noël FORGEARD leaves EADS with €8.5 million, this is a "rogue employee" who benefits from a situation (respecting a contract, of course), but a scandalous situation. Let's not forget, he's just an employee. When Antoine ZACHARIAS, former CEO of Vinci, benefits from €250 million in potential capital gains on his stock options, why not talk about a "rogue employee"? When Serge TCHURUK receives a golden parachute of €5.7 million when leaving the general management of Alcatel at the time of the merger with Lucent, why not talk about a "rogue employee"? Have we seen a MICHELIN, owner of his company, act in this way? Or a PINAULT, or an ARNAULT? Not to mention foreigners, Bill GATES in the lead? Michel MONTLAUR, the creator of MONTLAUR stores in the South of France, was ruined following the bankruptcy of his company. If he had been a non-owner manager (employee or with a mandate), his departure would have been totally different... and its consequences too. Jean-Marie MESSIER received €21 million when he left Vivendi. Let's denounce this dishonest "employee" and not talk about a boss.
Of course, not all top executives are rogues.
The best example is Pierre BILGER, the former CEO of ALSTOM who, when leaving his company in 2003, waived the compensation granted by the company's board of directors. The title of his book recounting his experience is "Four million euros, the price of my freedom" (Bourin Editeur, 236 pages, €22). Quite a statement.
If only all employees could show such elegance…
I recommend his blog www.blogbilger.com and draw your attention to how he describes himself: Former head of an industrial company. The nuance is significant, because he does not consider himself a business owner, that is to say a boss, but as the head, the manager of a company…
Posted on April 6, 2009
Excerpt from the work "Florilege" of intellectual vitamins for common-sense management
Author Florian Mantione
florianmantione.com
The expression "rogue bosses" is relevant when it denounces abuses of power, misuse of company assets, and inelegant behavior towards employees.
But what is a boss? Is it the person who runs a company or the owner of the company? On the one hand, we have a manager, a director, an employee, and on the other, we have a true business owner, responsible for their company and personally liable for its assets. Large CAC 40 companies are almost exclusively run by employees, managers. The owners are American pension funds or other shareholders.
A craftsman, on the other hand, is a business owner, a boss.
A shopkeeper is a boss. The risks they take are their own responsibility. In these conditions, we must denounce the abuse of language that tends to confuse "high-paid employee" with boss.
When Noël FORGEARD leaves EADS with €8.5 million, this is a "rogue employee" who benefits from a situation (respecting a contract, of course), but a scandalous situation. Let's not forget, he's just an employee. When Antoine ZACHARIAS, former CEO of Vinci, benefits from €250 million in potential capital gains on his stock options, why not talk about a "rogue employee"? When Serge TCHURUK receives a golden parachute of €5.7 million when leaving the general management of Alcatel at the time of the merger with Lucent, why not talk about a "rogue employee"? Have we seen a MICHELIN, owner of his company, act in this way? Or a PINAULT, or an ARNAULT? Not to mention foreigners, Bill GATES in the lead? Michel MONTLAUR, the creator of MONTLAUR stores in the South of France, was ruined following the bankruptcy of his company. If he had been a non-owner manager (employee or with a mandate), his departure would have been totally different... and its consequences too. Jean-Marie MESSIER received €21 million when he left Vivendi. Let's denounce this dishonest "employee" and not talk about a boss.
Of course, not all top executives are rogues.
The best example is Pierre BILGER, the former CEO of ALSTOM who, when leaving his company in 2003, waived the compensation granted by the company's board of directors. The title of his book recounting his experience is "Four million euros, the price of my freedom" (Bourin Editeur, 236 pages, €22). Quite a statement.
If only all employees could show such elegance…
I recommend his blog www.blogbilger.com and draw your attention to how he describes himself: Former head of an industrial company. The nuance is significant, because he does not consider himself a business owner, that is to say a boss, but as the head, the manager of a company…
Posted on April 6, 2009
Excerpt from the work "Florilege" of intellectual vitamins for common-sense management
Author Florian Mantione
florianmantione.com
