Corporate Secrets, Not So Secret

July 3, 2012

Corruption often lurks in the shadows of the corporate world, and even companies that start with the best of intentions often find traitors hidden within their midst. The Star Online recently published the article, ‘Ex-McKinsey CEO’s case highlights swapping of secrets in corporate world’ confirming that even the best kept secrets can be exposed when put in the right light.

What those on the outside seldom see is:

“It is easy for most people to dispense inside tips. After all, such information costs nothing and is a lifestyle where inside tips are the currency of friendships and elite business relationships. It sharply explains why corporate players are often willing to break the law to share confidential information.”

“In the clubby, high-powered corporate world, the ability to offer confidential information is definitely a way to stand out.”

Many companies include a non-disclosure agreement as part of the normal hiring process, but when nameless entities tell their tales in the shadows those legal agreements can become obsolete. It appears that executives are often unaware information has been leaked until it is too late.

The article provided a fascinating glimpse of the big time information exchange that takes place in today’s corporate world. The only true way to keep a company’s secrets intact is to keep them within the confines of the board room, and even then there are no guarantees. The old saying ‘loose lips sink ships’ rings true, especially in regards to the business world.

Jennifer Shockley, July 3, 2012

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