Page 201 - Executive Warfare
P. 201

Outsiders with Influence



                  If you are truly picking a vendor without help—maybe even in defiance
               of a big boss’s wishes—understand that you own that vendor. If the law
               firm you choose loses a big case that
               costs the company $50 million, that is
               your law firm, lock, stock, and barrel. Its   IF YOU ARE TRULY
               screw-up is your screw-up.                   PICKING A VENDOR
                  Expect the lawyer you’ve rejected, the    WITHOUT HELP—
               one with social ties to your bosses, to      MAYBE EVEN IN
               pounce on any such screw-up and use it       DEFIANCE OF A BIG
               to raise doubts about you. Vendors are       BOSS’S WISHES—
               great rumor mongers in part because          UNDERSTAND THAT
               they’re not accountable to anybody.          YOU OWN THAT
               Your ability to resist them diminishes       VENDOR. ITS
               greatly in the wake of a mistake.You can     SCREW-UP IS
               wind up having the entire responsibil-       YOUR SCREW-UP.
               ity in question stripped away from you.
                  And understand that vendors can
               influence the course of your career over the long term. For example, if the
               CEO’s about to retire and a vendor thinks that you have a shot at that job
               and you’ve been particularly good to him, he will say nice things about you.
               The opposite is true as well: If you tried to jack his firm out of there at some
               point,he will do everything he can to promote a rival who seems more likely
               to give him business in the future. None of them is suicidal, you know.
                  So how do you take control of these
               slippery relationships? My advice is to
               spread your business around whenever         SPREAD YOUR
               possible. If they are qualified, give all the  BUSINESS AROUND
               vendors with access above you a portion      WHENEVER
               of your business.                            POSSIBLE.
                  Dividing up the work among special-
               ists often makes sound business sense. I
               have never seen a single law firm that is equally good at everything.



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