039if-you-hire-the-wrong-people-they-can-bleed-you-dry039

What are the dangers to your company if you pick the wrong team of managers? It could come close to meltdown.

That’s what happened to the Anglo-American start-up WANdisco.

Founder and CEO David Richards recruited directors from the world’s most prestigious tech corporations, but they started spending far more than his firm could afford.

Video journalist: Jeremy Howell

See more at CEO Secrets.