Magazine article Management Today

What's Your Problem?

Magazine article Management Today

What's Your Problem?

Article excerpt

Q: I am a common director in a number of companies with a business partner. Two years ago, we started a new business and recruited a third director for his hands-on skills. The business has grown steadily, but could expand far more rapidly. The third director does not have our drive and possibly the ability we possess to expand the business Ideally, he'd step down from being MD and still operate within the business. However, it's highly likely he'd resign and leave. We can't really do without him at this stage. What should we do to progress?

A: I assume you've had a conversation or two with this third director. I hope you haven't just kept your dissatisfaction to yourselves in the hope that he'd suddenly acquire the dynamism you'd optimistically hired him for.

On the assumption that you've made your unhappiness clear, and that he hasn't responded, it seems to me you have two clear choices, neither of which is to stand him down as MD while hoping he'll stay on. …

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