Prando's Asset Management - Revolving door policy

The chairman aims to shore up morale

Julian Marr
clock • 3 min read

"Where have all the doors gone?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I visited him last week.

"Your office appears to possess the only internal door in the entire building. What's up? Theft, woodworm or - a wild stab in the dark - some random corporate policy dreamt up in the last seven days?" "I'll have you know I put a great deal of thought into our random corporate policies," the chairman protested. "And this one is a clever little way to help avoid low morale." "I see," I sighed. "Talk me through the theory then." "I don't know why you have to adopt that pained expression," said the chairman. "It's really very straightforward and logical. "The other day, I read about this ...

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