From Deseret News archives:
VitalSmarts guarantees results
President Joseph Grenny, Chief Executive Officer Al Switzler, Chief Development Officer Kerry Patterson, consulting vice president Ron McMillan and executive vice president Mike Carter are well aware of the hurdles they face, even at the helm of a company that has worked with major corporations.
So it is not unusual for VitalSmarts' consultants to put their own fees at risk. For example, for one client, VitalSmarts promised to refund 30 percent of its fees if the client did not see productivity improve by 30 percent, quality by 30 percent and on-time product delivery by 30 percent. The contract also guaranteed a 100 percent bonus to VitalSmarts if the company far exceeded those goals.
VitalSmarts collected the bonus.
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