I seem to have spent most of this month interviewing potential non-exec chairmen for my revolutionary Greek olive oil business. As you’d imagine, it’s not easy to find the right fit for a business as radical and disruptive as this.
On the other hand, if management turns out to be rubbish, I don’t get my bonus and carry. So arguably it would technically be more accurate to say: we back managers to the hilt, right up until the time we have to sack them. It’s tough, but making tough decisions is what we do. You can’t carry passengers in a cut-throat industry like olive oil.