Thursday, September 8, 2011

"I've just been fired."

Relax. I didn't say this.

These were the words of just-dismissed Yahoo CEO Carol Bartz. It was a stunningly frank admission of her status. And it was e-mailed to all of Yahoo's 13,400 employees.

Sometimes the truth hurts. In this case it is unknown if this will hurt Bartz, or Yahoo, or both. Some observers give her credit for candor. Others see it as being selfish since it may hurt those same employees by putting her (former) company under more pressure.

What do you think? Is this better than saying someone has left their job "to pursue other opportunities" or some other excuse? Or is this the start of a new era of executive transparency?

For more on this please see today's New York Times.  http://www.nytimes.com/2011/09/08/technology/carol-bartzs-blunt-e-mail-on-firing-raises-issues.html?_r=1&hpw