chairman is also responsible for maintaining discipline. It is criminal for him to allow people to be late and waste everyone’s time. Remember, wasting time here really means that you are wasting the company’s money, with the meter ticking away at the rate of $100 per hour per person. Do not worry about confronting the late arriver. Just as you would not permit a fellow employee to steal a piece of office equipment worth $2,000, you shouldn’t let anyone walk away with the time of his fellow managers.