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Issue 43 - Keepitinthefamily

Whisky Magazine Issue 43
October 2004

 

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Keepitinthefamily

Aslowpointsgo,theconversationIhadwithaseniorpersonatGlenmorangieonthedaythesaleofthecompanywasannouncedisupthere.

Aslowpointsgo,theconversationIhadwithaseniorpersonatGlenmorangieonthedaythesaleofthecompanywasannouncedisupthere.

Itwasn'tthesubjectmatterthatwassoupsetting.ItwaswhenIputmyfootinitandsaidthatwordabouttheimminentsalehadbeenoutforaboutaweek.Afterapregnantsilencethatspokevolumes,allthepersonsaidwas“today'snewshascomeasagreatshocktothestaffhere.”

Thatthechatteringclassesknewofthecompany'savailabilitybeforeitsemployeesdidisnotunprecedented–IoncefoundoutIwasredundantfromagirlfriendwhohadheardaboutmynewspaper'sdemiseonnationalradio–butitisnolessupsettingforallthat,anditmightwellbeaprecursorfortheshapeofthingstocome.

AttheriskofsoundinglikeanunreformedMarxist,Ihavenevercometotermswiththebrutalityofbusinessatthesharpend,eversincemyfriendChrisDellaPortatoldmethathisdadhadlosthisjobasadirectorofPremierDrums,providerofdrumkitstothebiggeststars,eventhoughheandhisbrothershadformedthecompany.Itmadenosensetomeandstilldoesn't.

Don'tgetmewrong,Idon'tsignuptotheotherviewthatlazymanagementboardsshouldbeallowedtosquanderawaycompanyprofitsandultimatelystaffjobswithimpunity.WatchingOliverStone'sWallStreetagainjusttheotherday,IfoundthatIstillhaveasneakingrespectforGecko's‘greedisgood'speechandhiscallforcompaniestobegivenbacktothepeoplewhohavemosttobenefitfrommakingthemefficientandsuccessful.

ButthereisabigdifferencebetweenthatsortoffatcatmanagementandtheprogressiveandimpressiveleadershipdisplayedatwhiskycompaniessuchasGlenmorangieandGlenfiddich.Thatabigglobal-focusedcompanyshouldgetsi...

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