Harvey is the owner of a successful wealth management firm, Harvey Advisors, Inc. He is in his mid 40’s and has yet to fulfill his dream of becoming the number one wealth management firm in the city of Houston, TX. Currently they are ranked #3 in the city but the difference between number two and number 3 is minimal. Harvey’s success stems from his ability to keep only the most talented employees who are capable of accomplishing more than others due to their work ethic and desire to be the best. Bruce is Harvey’s first employee, a 65 year old man, who has been with Harvey since the beginning of the company. One day Harvey learns that the top firm’s star manager, Matt, has left the firm due to personal differences and is in the market for a new job. When Harvey looks at his financial statements it is clear that he cannot offer Matt a job and maintain everyone on the staff. In order to hire him he will have to let go of somebody. After doing some cost/benefit analysis it is clear to Harvey that Bruce is most costly employee and he is no longer able to produce what he once was able to.
Harvey is the owner of a successful wealth management firm, Harvey Advisors, Inc. He is in his mid 40’s and has yet to fulfill his dream of becoming the number one wealth management firm in the city of Houston, TX. Currently they are ranked #3 in the city but the difference between number two and number 3 is minimal. Harvey’s success stems from his ability to keep only the most talented employees who are capable of accomplishing more than others due to their work ethic and desire to be the best. Bruce is Harvey’s first employee, a 65 year old man, who has been with Harvey since the beginning of the company. One day Harvey learns that the top firm’s star manager, Matt, has left the firm due to personal differences and is in the market for a new job. When Harvey looks at his financial statements it is clear that he cannot offer Matt a job and maintain everyone on the staff. In order to hire him he will have to let go of somebody. After doing some cost/benefit analysis it is clear to Harvey that Bruce is most costly employee and he is no longer able to produce what he once was able to.
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