When a company has several high-level executives vying for the position of CEO, it may be difficult to decide which candidate is best suited to the job. One method that companies sometimes use is to hold a horse race in which a group of senior executives participates in a contest of skills and talents to determine who will be the next CEO. While a horse race can provide benefits for a company, it can also have negative consequences and should be considered carefully before being implemented.
When horse races are held, the horses compete in a series of different races that are classified by their level of difficulty. The higher the classification of a race, the more difficult it is. In order to progress from one level to another, a horse must have won certain number of races in that class. The first step to being eligible for a particular race is to win the maiden, claiming, or starter allowance. Then, the horse must win two more races in the same class before it can enter a Grade 1 race.
In a race, the horses run at speeds that often cause injuries and even hemorrhage in the lungs. This is why, for many years, almost every thoroughbred received a drug called Lasix on the day of a race. The drug’s diuretic function helped prevent the pulmonary bleeding that hard running caused in so many of them.
It also prevented the horses from losing a great deal of water weight, which is necessary to be competitive at top speed. But the drugs were not perfect, and they interfered with a horse’s normal instincts. Consequently, many horses began displaying compulsive behaviors such as cribbing, pacing and biting at their gates.
As time went by, newer medications flooded the racing scene. Painkillers, antipsychotics, and anti-epilepsy drugs were introduced to help the horses handle the stress of race preparation. Unfortunately, the racing officials could not keep up with testing these substances and lacked the capacity to penalize violations.
Once a horse stops winning races or becomes seriously injured, it is discarded to a pasture where it will become food for livestock or be slaughtered and turned into glue or dog food. Most of the horses that don’t make it to a ranch end up in slaughterhouses where they are tortured before being cut up and eaten as a delicacy.
Although horse racing has long been a popular sport, its popularity has waxed and waned with economic prosperity and depression, wars and peace. It experienced a resurgence during the 1970s as such great horses as Man o’ War, Secretariat and Seattle Slew won the Triple Crown. But widespread cultural interest in the sport waned again beginning in the 1980s. Its decline was hastened by an increase in awareness of the animal welfare issues associated with the sport and a growing backlash against cruelty to animals.