Using HR lingo, try "s/employees/resources/". Now it parses, neh?
I've read that book (audio) - that was one of the more cringeworthy passages of the book. What I gathered was that Tim probably felt like "hey I wouldn't do this, but it's Steve and he's my boss so I have to put a marginal defense out there".
The word "protective" doesn't seem apt here, as that would imply he had his employees' best interests at heart, when clearly he only had the company's best interests in mind (which is fair, given that's the job of the CEO).
Try "possessive".