From one of Canada's top CEOs, a heartfelt invitation to reimagine the business world as a place in which conscience and empathy count.
Steel manufacturer Stelco Inc. went into bankruptcy protection in early 2004. There was a lot at stake during the company's gruelling court-mandated restructuring: 6,000 jobs, 10,000 pensions; the struggling economy of a company town; and the egos and pocketbooks of lawyers, investors, union leaders, politicians and hedge fund managers, each with a special interest to flog and no interest in compromise.
Also on the line was the reputation-and conscience-of CEO Courtney Pratt, who was hired to clean up the mess. To Pratt, survival for Stelco meant attempting to keep the company alive as he ethically reconciled the competing interests, a task made absurdly difficult by the circus-like atmosphere that reigned among those fighting over its future. But at what cost?
To answer that question, Pratt has joined forces with novelist and non-fiction writer Larry Gaudet in a collaboration the two almost jokingly call "magic corporate realism.” Their book provides a thoughtful challenge to the very tired notion that, in the age of Enron and Worldcom, all CEOs are incubated for the sole purpose of looking after their own selfish interests. Pratt's story, told with imagination, honesty and wit, is about a more important challenge: how to stay human in a bottom-line world.
Autorentext
Courtney Pratt is one of Canada's most accomplished business executives. He has served as a board director, chairman, CEO and president at four large corporations over the past two decades, including Noranda and Toronto Hydro. He is now a director for some of the country's leading corporations and is involved with charitable, educational and health care organizations.
Larry Gaudet is the author of two acclaimed novels, Media Therapy and The Peacekeeper's Teahouse, and the recently published nonfiction book Safe Haven. He is also an experienced corporate writer, management consultant and intermittent venture capitalist.
Inhalt
prelude:
Too Nice a Guy
chapter One:
Scary Territory
conscience Dialogue:
Donny McCunn, steelworker
chapter Two:
Restructuring Breakdown
conscience Dialogue:
Karen Turnbull, PR consultant
chapter Three:
The Watering Hole
conscience Dialogue:
G. David Carter, lawyer
chapter Four:
The Mediation
conscience Dialogue:
Richard (Rico) Esposito,
Hedge-fund Partner
chapter Five:
Forging Ahead
conscience Dialogue:
Mary Walker, Stelco pensioner
chapter Six:
Out of the Blast Furnace
epilogue:
In the Garden
acknowledgements