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Why Donald Trump is a lousy executive
Yahoo Finance ^ | February 16, 2016 | Sydney Finkelstein

Posted on 02/18/2016 6:34:38 AM PST by reaganaut1

...

[I]s it actually the case that people who proclaim themselves so loudly and so often to be winners actually succeed the most?

My research into business leaders suggests they don’t. On the contrary, it suggests that such bombast is one of a slew of behaviors embraced by spectacularly unsuccessful business executives. Unfortunately, many of these habits are part and parcel of the Trump leadership playbook.

For my book "Why Smart Executives Fail," I interviewed some 200 people at 50 companies to learn why some people in business don't merely lose, but lose big. I discovered an interesting pattern: Spectacularly unsuccessful people tend to display a number of behavior patterns in common.

One of the most common is a tendency to see themselves and their companies as dominating their industry, regardless of what is happening around them. For example the co-CEOs of Research in Motion, the maker of the BlackBerry smartphone, failed to appreciate the rise of the iPhone, going so far as to laugh off Apple’s (AAPL) new product as a nonstarter because it didn’t have a “real” touch keyboard. As we’ve seen with Donald Trump, denigrating your competition is one of the best ways to see this syndrome in action. Like Trump, the RIM CEOs felt certain they would win, and it cost them big time.

...

But hasn’t Trump actually been very successful – isn't he a billionaire? Leaving aside the four bankruptcies, mostly due to problems at his Atlantic City casinos, there’s no question that his net worth today is in the billions. While no one can predict with certainty whether his business empire will remain intact in the years to come, CEOs who embrace unsuccessful habits, as Trump does, are particularly vulnerable to a downturn.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: clownsforcruz; cruliars; cruzmeltdown; cruzscumbags; cruzsmearmachine; desperationcruz; hystericsforcruz; trump
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To: reaganaut1

Sydney, are you jealous of his success, his money, or his cajones.


21 posted on 02/18/2016 6:54:15 AM PST by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: reaganaut1

So words are more important than actions and using a person’s past behavior as the best predictor of that person’s future behavior is overrated?

Go hang yourself Sydney. You are a traitor to the truth.

And no, I’m not a Trump cheerleader.


22 posted on 02/18/2016 6:56:02 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: usafa92

Your going to have to do better than just pull stuff out of your ass and wave it around under a banner of “simple fact” to convince me you’re worth listening to.


23 posted on 02/18/2016 6:58:33 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: cincinnati65
Advocacy of quintupling H1B visas.

I've looked at that. It was a poison pill.

24 posted on 02/18/2016 6:59:31 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: FrankR

George Soros is, so I would be careful of my comparisons. A billion dollars does not make a great person.


25 posted on 02/18/2016 7:02:12 AM PST by Resolute Conservative
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To: reaganaut1
I interviewed some 200 people at 50 companies

I've read interviews with many people from Trump's companies including people immediately under him. They say very different things. Maybe the author should have talked to Trump's employees instead of someone who interviewed people at 50 other companies.

BTW, I know of a few incompetent and corrupt leaders of non-profits other than the Clinton Foundation. I'd be happy to tell you why Hillary will be a lousy executive based on these people. I also personally know some great leaders of non-profits and can tell you why Hillary will be a great exec based on them. Or you can go straight to the Clinton Foundation and actually report on her.
26 posted on 02/18/2016 7:05:01 AM PST by LostPassword
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To: tacticalogic
"The discussion turned to legal immigration, Cruz said, “we should improve and streamline legal immigration.” He also discussed H-1B visas arguing that in the status quo, “every year US colleges and universities educate tens of thousands of foreign students who are getting masters and PhDs in engineering and math and computer science, and we’re sending them back to their countries. And as a result, they’re going back to their countries, they’re starting businesses there. They’re creating jobs there, and their companies are competing with us and taking jobs away from us. I don’t think that makes any sense.

So, I’ve introduced legislation to increase the number of H-1B visas, if there are people who are educated and talented and creating jobs, the data shows for every H-1B visa holder that comes in, he or she creates 1.7 jobs for Americans here. I want job creations, I want innovators, I want new opportunities for America.” Cruz was asked about Disney’s use of H-1B visas to replace US workers who were forced to train their replacements, he stated that he didn’t know the facts of the Disney case, so he couldn’t comment."

27 posted on 02/18/2016 7:06:21 AM PST by cincinnati65
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To: reaganaut1
Let me tell you something! It may be true that Donald Trump has a lot of faults. It may be true that Cruz does too. What I want to know is, Why in the hell didn't the media and everyone else dig into Obama's faults, listening to the evil Jeremiah Wright for 20 years, birth questions, islam connections and everything else that would have shown that he absolutely HATES the United States and is trying to destroy it???????? I am sick and tired of the entire process and especially the media.

It is becoming obvious that all of the mainstream media is being geared to help this country implode. Evil people.

28 posted on 02/18/2016 7:07:47 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: silverleaf

Excellent points.

But today’s narrative is that Trump is a failure. A bad boss. And that “he didn’t build that.”

Please comply with today’s rhetoric. Thank you.


29 posted on 02/18/2016 7:10:18 AM PST by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: usafa92

You could add; No other candidate has been able to get the media to pay for their campaign.

Only Trump has been able to do that.


30 posted on 02/18/2016 7:11:55 AM PST by Balding_Eagle ( (The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: cincinnati65

The “poison pill” was that while he’d allow more H-1B visas, the minimum salary would be 110K/year. That took away the incentive to simply bring in H-1B employees to replace American workers because they were cheaper.


31 posted on 02/18/2016 7:14:10 AM PST by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: reaganaut1

I love that Trump is self funding his campaign. That is one of the big reasons I’m supporting him.


32 posted on 02/18/2016 7:14:17 AM PST by MrMarbles
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To: samtheman

OK, I’m “just guessing” that it’s the opposite. /s


33 posted on 02/18/2016 7:16:29 AM PST by Let's Roll (So much left-wing thought is playing with fire by those who don't even know fire is hot - Orwell)
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To: blueunicorn6
This thread shows just how delusional some of the Cruz supporters are. Someone here posited that Cruz despite the conservative rhetoric is exactly like Obama, a career lawyer, in which most of lawyering was done around the periphery of government. It's a fact that Cruz has never met a payroll, never actually had to deal with government regulation, had to fire or hire anyone, had to think on his feet where 100's of thousands of people's livelihoods were on the line.

I'll go a step further Cruz does not even have executive experience or even was on any committees dealing with the budget in the Senate. The guy is just light on experience. But for some of you being a darling of the conservative talk show elites like Beck and Uncle Levin is enough for you. If he says the right things, you are sold,....sheeple. It's you guys are looking for a messiah not us Trump supporters, I don't want another Reagan, I want a guy who will get the heck out of the way.

A challenge for you angry purists, give me one concrete thing despite a speech Cruz has done exactly to qualify him as a president, or that I should trust him? Remember my parameters...don't give me an example of him supporting a bill or giving a speech. Like finding a word that rhymes with orange there just isn't one. What we have a conservative demagogue in Cruz and I am not buying it. We all know Trump, he's bombastic, coarse, loud, and confrontational and we need that boldness now, not a radio talk show host.

34 posted on 02/18/2016 7:19:31 AM PST by pburgh01
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To: jeffersondem
"Trump has been a politician for a long time now."

Almost 9 whole months already.

35 posted on 02/18/2016 7:21:11 AM PST by Radix (Natural Born Citizens have Citizen parents.)
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To: Resolute Conservative

The author was questioning Trumps ability to be an executive. The money comment had nothing to do with his character, just his talents as a businessman. If making a billion dollars was easy, everyone would be billionaires. Are you a billionaire?


36 posted on 02/18/2016 7:23:23 AM PST by FrankR (You're only enslaved to the extent of the charity that you receive!)
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To: reaganaut1

An article of surpassing irrelevance, containing unsubstantiable wishful thinking and the corrosive envy of the sidelined onlooker.


37 posted on 02/18/2016 7:24:37 AM PST by Albion Wilde (Who can actually defeat the Democrats in 2016? -- the most important thing about all candidates.)
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To: biff

“Just because he is a business man does not make him a good prez.”

He is not just a business man, but one of the most successful in this era, that got it the old-fashioned way.


38 posted on 02/18/2016 7:25:03 AM PST by odawg
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To: reaganaut1

> “One of the most common is a tendency to see themselves and their companies as dominating their industry, regardless of what is happening around them. For example the co-CEOs of Research in Motion, the maker of the BlackBerry smartphone, failed to appreciate the rise of the iPhone, going so far as to laugh off Apple’s (AAPL) new product as a nonstarter because it didn’t have a ‘real’ touch keyboard. “

Finkelstein is D grade intelligent, at best.

He spouts off without knowledge, but he acts like he has knowledge.

RIMM was propped up by GW Bush’s CIA to intercept messages in Canada where there was no law against government agencies reading private messages, especially in the fear aftermath of the War On Terror. All US federal contractors procuring smartphone equipment were sole sourced to RIMM resulting in an immediate user base of 3 million users, and then the marketing took it from there. So RIMM took off as somehow a spectacular phenomenon, when in fact it was just another CIA funded enterprise like Oracle and many many others.

RIMM’s blackberry demise was not so much the emergence of Apple as it was the result of the US federal government perfecting backdoors and getting a submissive DC court to rubber-stamp warrants for the invasive monitoring they sought.

Problems in judge shopping had ensued since, but who cares? It’s Obama’s deal now.

https://www.techdirt.com/articles/20140512/09130627206/government-goes-judge-shopping-email-warrant-rubber-stamp-gets-request-shot-down-second-judge-row.shtml

Were there American competitors of Blackberry at the time? Yes, there was a superior American made smart phone manufactured by Palm. But Palm’s email processing was subject to US law, thus was unsuitable for propping up by intelligence agencies.

RIMM had a good run and made Canadians fell for a time that they were somehow special. Poor Canadians, those American sonsofbitches did you in again.

Meanwhile, Finkelstein is going to belch at us about his favorite downers on America’s frontrunner.

Burrrpppp ............


39 posted on 02/18/2016 7:28:22 AM PST by Hostage (ARTICLE V)
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To: tacticalogic

Oh, okay, so I guess Cruz’s actual words don’t mean anything.


40 posted on 02/18/2016 7:31:11 AM PST by cincinnati65
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