The revelation of huge shortage at Nganglam FCB Depot has shown how naive FCB management has been all along. The management had always carried that air of fixed superior notion that they could not be budged from them. Almost always, they attempted to gain ascendency over others by force rather than finesse and always placed exaggerated importance on not showing weakness until this very moment.
Willful ignorance of the evidences, misrepresentation of the facts and suiting their own biases now seem to go against their own calculation. The case against FCB are too many now. While ACC has already started to dig old bones related to FCB CEO’s corporate misgivings and complete abuse of power, court at Phuentsholing on other hand has edged on its age-old wisdom by making FCB pay for its corrupt practice. The other courts will soon see criminal elements of FCB CEO being exposed even before ACC reveals his misdeeds.
What does all this show? There were embezzlements and shortages amounting to more than 1 crore during present CEO’s tenure. Business worth millions have been taken off the FCB yard by private entrepreneurs. The question continue to remain, is Bhutan short of educated people to run a company like FCB which is marred with inefficiency, corruption and complete lack of public trust? How did a CEO who has been engaged in corporate misgivings given second opportunity to kill the company? People like FCB CEO is bent on folly and are overpowered by ambition, anxiety, status-seeking, and face-saving. All along, he has been overestimating himself of his own strength and underestimating the strength and determination of his adversaries.
He has the habit of twisting facts around to justify what he wants to do. The mind being notoriously apt to play tricks, contrary facts are sometimes forgotten.
No business or company run itself efficiently. It needs a leader who has the skill to perform better and not leave the company in ruins. Being so obsessed by his feeling of responsibility that he has lost his grip on reality and has become arrogant... a good man with a forsaken flaws. Arrogance is more dangerous than mere conceit. It was not toward an age of submissive easiness, growing a fatty tissue around values. We need, then, to keep asking questions about our values until we arrive at rock bottom. Building a set of values demands that we go behind the easy phrases of quack reformers and CHANGE BRINGER as FCB CEO claims to be and look at ourselves as we are and not as we wish we were. Learning the truth will not destroy or impair values that are worth investigating.
The person who operates a business like FCB must have spacious thoughts. Mental near-sightedness of leader and division heads alike are not only unprofitable but can put company and lives of hundreds of employees into risk. There are lot of innocent employees out there who continue to be exposed to risks and also face daily inconveniences. It is so obvious in FCB today with problem of shortages and embezzlement happening every other season.
This shows how inefficient and tainted the division chiefs in FCB are in running the business units. Part of profitable business like Alu Auction has been sucked out by Damchen while the management embroiled themselves in corporate politic.
Ethics is the code of values to guide man's choices and actions. These determine the course of his business and of his life. There is no field of human activity in which ideals applied are of more value than in business.
What is the public reputation of FCB’s business today? Public relations do not mean putting up a false front.
Being a poseur, which means one who gives himself airs, is fatal. Morale is one of the most precious elements in a business. No one will deny the emotional benefits of being one of a group that has high morale, but there is more to it than emotional pleasure. High morale generates thinking and planning, it stimulates initiative and enterprise, it is a most important ingredient of efficiency and only in its atmosphere are people inspired to seek the best. High morale pays off in earnings and job satisfaction, and in the effective operation of business like FCB. Indeed, high morale spreads outward from inside the company. The workers who are happy in their jobs, with confidence in their management and co-operative relations with their working team, will spread their contentment throughout the community, and will win friends for the company. What workers say about the company is a potent force in public relations.
When morale is low, workers feel no great responsibility for the success of company operations; there is a big turnover of employees and there is excessive absenteeism, the company is plagued by disobedience, slow-downs, unconcern about quality; friction; abuse of privileges and power, and all-round tension that is bad for the health of everyone in the company.