21 A General in the Guerrilla Camp

Fred decided to take a vacation, his first since the founding of the company. Federal Express was recovering from its past turmoil, but Fred’s problems seemed to be growing. He was feeling the frustration of the past few months; he was unquestionably exhausted from his continual efforts to keep the company afloat and concerned about the embarrassing events of the past few weeks.

Meanwhile, the search for a new board chairman was bearing fruit. While Fred was on his mid-May vacation, the investor selection committee decided they had found their candidate. When Fred got back from his trip, he was informed that the new chairman had already been hired. Fred was angry that the investors hired the candidate without ...

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