Question: A few months after the issue of Dev and Sons, a vigilance committee discovered some financial irregularities attributable to Bhushan in his earlier stint as a senior manager in marketing. The board of directors was concerned about this and demanded a response from the CEO. Ava contemplated following responses:
Offer to resign from the post of CEO, since as the CEO she is ultimately responsible for everything in the organization.
Sack Bhushan immediately and make the reason public.
Have a town hall meeting with all the employees and deny any financial irregularities in the organization.
Communicate to the board that as the CEO, the organization's financial health is her top priority, on which she has delivered stellar performance in the last five years.
Inform the board that Bhushan was promoted because his initiatives helped the company immensely.
Which of the following sequence of actions is the most appropriate for Ava?
Since a vigilance committee has discovered some financial irregularities attributable to Bhushan, people would start questioning the reasons behind his promotion in the company. There can also be negative speculations that Bhushan was promoted because he was Ava’s nephew. This may harm the company’s reputation. Thus, it would help the company to clarify that Bhushan was promoted because his initiatives helped the company immensely. Hence, [5] would be an appropriate starter. After this, the company would have to terminate his services as he was found guilty of being party to some financial irregularities. Thus, [2] would follow next. Finally, to claim the moral high ground, Ava would have to offer her resignation as she was ultimately responsible as a CEO. Thus, [1] would be the last step. [3] cannot be followed as denying the occurrence of financial regularities is not an option since they have been proven by the vigilance committee. Also, [4] is not relevant in the context as the