Can Your Leaders “Decisions” Affect Your Company’s Future or Profits?

And the answer is…………..you decide…

Twitter threatens trade secrets lawsuit over Meta’s Threads app.

Alex Spiro, a lawyer for Twitter, accused Meta of engaging in “systemic, wilful and unlawful misappropriation of Twitter’s trade secrets and other intellectual property” in a letter addressed to Zuckerberg dated Wednesday. The letter claimed that Meta had hired “dozens” of former Twitter employees with access to highly confidential information about the platform, many of whom had “improperly retained Twitter documents and electronic devices”.
https://www.ft.com/content/73c32acc-597e-47ee-9745-e7cfa80fbcdf

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Consider the following:

• When Elon Musk “took over,” he immediately fired many of the folks (presumably some of those folks now work for Meta)
• Musk, as CEO, then changed much of the operating rules (rules of engagement?) around Twitter
• Many large advertisers left Twitter because of these “new rules.”
• Customers also left when Musk “allowed” white supremacists and others to be part of the Twitter “family”.

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Questions you should consider before introducing/implementing massive negative disruptions in the organization, have you completed:

• A strategic (objective-centric) risk assessment
• Conducted operational (potential losses) risk assessments.
• The business impact of your changes on the company AND on your competitors (fired Twitter employees now work for Meta)

Watch this space, folks