Truth in Reporting --Dickeson

A very large proportion of our companies are privately owned. In nearly every private company that I know, there are certain problems involving relatives or other personal affinities. They're not small problems! They may also be present in publicly traded businesses. The problem of compensation and effectiveness always rears its ugly head. Even more difficulty is presented when relatives or other "untouchables" disagree on matters of policy or execution. How do we solve such problems? How many of the three-quarters of lower operating income firms in the table have solved such problems by accepting greater expense than warranted? Are you discomfited by my openly talking about it?