So, you want to be a CEO?

It isn’t always wine, roses, and golden parachutes.  Here’s a cautionary tale from the Times Online: CEO murdered by mob of sacked Indian workers

Lalit Choudhary, 47, the head of the Delhi-based operations of Graziano Transmissioni, an Italian car parts maker, died of head wounds on Monday after being lynched by scores of employees he had dismissed…. Mr Choudhary was holding a meeting with more than 100 former staff to discuss a possible reinstatement deal when the attack occured.

Note that later news reports indicate that many attackers weren’t workers, which explains the senselessness of an attack during reinstatement negotiations. 

As you might imagine, Indian business leaders are worried and outraged (story here).  Of course, the effects on foreign investment are potentially dire.  The outrage comes from the fact that some in the Indian Government refuse to condemn the attack.  In fact, the Labor Minister sees it as a “warning for management”.  A warning to do what…get out of India?

Hat tip: Scott Berkun (here)

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