What I feel the first week of a new CEO should entail
posted on
Aug 10, 2012 11:42AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
If a new CEO is hired to save SLI then:
First day : A formal introduction of his/her qualifications and a statement to the staff as to what the CEO's job entails and in what direction SLI is going.
Second day : A comprehensive review of the current projects with the staff.... emphasis on the Tesoro project
Third day: A meeting with the CFO to determine what financial power the company has going forward.
Fourth day: A comprehensive meeting with the geological staff to determine the feasibility of Tesoso; then secondary projects' feasibility and status going forward .
Fifth day: A meeting with Quantec staff and the current geological staff to come to a determination of what action should be taken to prove the viability of Tesoro with a hiring of Quantec to direct a new exploration campaign if agreed to.
Sixth day: A formal announcement to shareholders as to where SLI is, what the CEO job entails and where the CEO is taking SLI going forward! A promise to shareholders of monthly updates on all projects with emphasis on the Tesoro project.
Seventh day: A formal hiring of any staff needed to help the company achieve its goals; especially a Public Relations Director or VP ( anyone have a guess at who?).
Eighth and thereafter: Take any and all positive action to secure SLI's position in the market place as an industry leader with a proactive and open agenda with its shareholders as well as staff.
Second week: Onward and upward goes the share price and the attitudes of all investors and staff.
Overly simplified scenario for easy digestion.
Are we all so shocked at the share price that we'll let SLI continue down the same paths?
All suggestions IMO for the good of SLI and its shareholders. JW