The Danger's of Employing Those Who Don't Understand Small Businesses

Small companies may be tempted to hire big-company retirees with a lot of experience, but it is important to be cautious. While retirees may have specific skills that can benefit the company, hiring a generalist from a big company can lead to disastrous consequences.

The dangers of hiring a big-company generalist are exemplified in the story of a small outfit that hired a retired president. His first actions were self-serving and demonstrated a lack of concern for the company's well-being.