I have an oddly related story. At [college town in a midwest state] they have a successful shop that sells donuts. IMO their glazed is as good as any I've ever had, and it is there to this day. I am unsure of (if any) the legal/business connection there was to the original, but shops with the same name sprang up all around the nearby city. The investment must have been substantial; along with all of the remodeling and building, they even had an armored truck for promo deliveries.
I frequented our local shop in their chain, but there were problems. They didn't bake on-site; there was a central location that delivered. Far too often I would stop in to find they had little left, sometimes as early as 9:00 am. On one occasion I was told, "last day of school. We had a line out the door and were sold out of almost everything by 8:00."
Their inability to plan became routinely obvious. At one point I spoke to the manager. She sported a nose ring and hair that was blue on on side and pink on the other. The rest of the staff was similar in appearance, and service there was not bad, but never better than adequate. I asked if they tracked their daily donut sales so they could better anticipate how much to order from the baking center. She seemed to have no idea what I was talking about even after I politely explained it.
Shortly thereafter they began overstocking the location, presumably to stop having so many unsatisfied customers. But this backfired in the other direction. They had taught the community that they couldn't be counted on to provide donuts. Demand decreased at the same time supply went up and it took time for the public to realize they had become dependable. This meant too much unsold product each day. Their response? After 11:00 am everything was BOGO ... half price. They began teaching the public that if they waited until 11:00 they would be rewarded. Profitability was likely going away fast and they had backed themselves into a corner.
Blessing or curse, I cannot say, but covid arrived and they went from selling at (possibly) break even or less, to being open intermittently. The public was now learning that if you stop there it was no longer that you may have to settle for something different, you now went away with nothing for your trouble. The final straw was when the health department closed the local shop for an insect infestation. I am unsure if it was more widespread but they all went away. In all probability it was the covid that did them in. And truthfully, I cannot say if the other locations were different. But if they were not, I can't help but wonder if they would have survived if they were properly run.
Bottom line is that employees with "woke" ideology are significantly less likely to value and incorporate the qualities, both individually and organizationally, that make a business successful. And often those key qualities are not just ignored or dismissed, they are anathema to them.