The most dangerous delusion in modern corporate management is the belief that your employees are telling you the truth while they still need your signature on their mortgage application. We celebrate “open-door policies” and “psychological safety” as if they are default settings, but the reality is far more pragmatic.
Truth in an organization is a commodity traded for security. As long as a servicing manager needs their health insurance, they will tell you that the portfolio is “scaling well” despite the fact that they are currently using three different spreadsheets and a prayer to reconcile the monthly ACH files.
I learned this lesson the hard way this morning, quite literally. I walked into a glass door. It was polished to such a high sheen of perfection that I perceived it as an invitation rather than a barrier. My nose is currently throbbing as a reminder that what we see as “transparency” is often just a very clean wall. In the world of equipment finance servicing, that wall is the distance between the C-suite’s KPIs and the actual, manual labor happening on the floor.
The Final Forty-Five Minutes
If you want to know what is actually happening in your back office, don’t look at the quarterly reports. Don’t look
