Having a verifiable low golf handicap may be a business badge of honor that has developed some unforeseen risks, according to an article today in the Wall Street Journal. Apparently several big-time CEOs, including Bear Sterns Chief Executive James Cayne and former Merrill Lynch CEO Stan O'Neal, have been posting a large number of scores during periods of ferocious and negative market activity, leading many pundits to wonder how an organization can be lead while playing the back nine.
Unfortunately for those posting their scores on the internet, this information is easily found due to the fact that the USGA relies on peer review to maintain honest reporting of scores. Fortunately for those who hold their business leaders accountable, this information is available!