“A time of turbulence is also one of great opportunity for those who can understand, accept, and exploit the new realities” Peter Drucker The supreme court changed the reality of the 401 (k) landscape when it ruled that one person could sue the plan sponsor. One distraught employee can file a law suit against a CFO and CEO, and he can most likely find a lawyer to take it on contingency. It’s free, and the liability can be personal. Strong leaders “face up to reality and resist the temptation of what “everybody knows,” which are about to become the deleterious superstitions of tomorrow.” Peter Drucker Posted in General Articles |
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