My reaction to Tip # 4-Nicole Damboise

I feel that more companies should take initiative of the concept "fire for cause". A lot of these businesses are losing money in a result of "firing for failure". For example, a costly output of three CEO's resulted in millions of dollars. I agree that a business should state in contract, like Walt Disney, that if the CEO deny's to be investigated or refuse to give a testimony then that is a legitimate reason to fire a CEO. Since this was stated in contract the company can save those millions of dollars for outputing CEO'S.