• The Case of the Not Ready For Prime Time Players

  • Nov 14 2024
  • Length: 11 mins
  • Podcast

The Case of the Not Ready For Prime Time Players

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  • Summary

  • Ralph and Gertrude discuss Smithee’s case of The Not Ready for Prime Time Players. Cast includes Mr. Trusted Advisor who presents a ship of gold to a downtrodden CEO with money to invest … Mr. Pocket Protector, a brilliant inventor and captain of the ship … a score of mouthwatering retail executives who can't wait to get on board and install the invention … then enters Allan Smithee, the down and dirty due diligence detective. Smithee's lesson... “Never be so intimidated by someone's credentials, convictions, or behavior that you fail to question and verify their claims. Respect everyone; be intimidated by no one. Ignore anyone’s past success, where they obtained their PhD, or how many articles they published. The diligence detective is paid not to care. Assuming a manager’s sincerity and track record are genuine, he/she still can make a mistake, get careless or complacent, live in the past, get over his head, or have subordinates who don’t perform, misinform, or are too scared to inform.”

    Who is Allan Smithee and what are the Smithee Files? See episode 1. It's stuff they don’t teach you at Harvard Business School or Auditing 101.
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