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To: expat_panama
From time to time I am asked to give a presentation to MBA candidates. It is typically an hour long and mostly covers “Had it, lost it” of the business world. I have updated it this year to focus on Sears and Amazon. In the part I have covered IBM, DEC etc. The Sears story is a stunning example of not having a fundamental understanding of where the business of retail is/was headed.
9 posted on 01/09/2017 3:27:42 AM PST by mad_as_he$$ ("It's a war against humanity!" Donald J. Trump)
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To: mad_as_he$$; BillyBoy
The Sears story is a stunning example of not having a fundamental understanding of where the business of retail is/was headed.

The Brennan brothers created in Sears and Monky Wards the culture that they were great in the 50s with many levels of middle management so they would be great in the future with the same model.

Martinez and every Sears CEO after Brennan had great ideas. The people at the bottom had great ideas. Excessive layers of middle management got pay and status based on the size of their head count and budget.

Middle management sabotaged and refused to implement every great idea that came from both the top and bottom because it would mean change that endangered their comfy spot in the status quo.

Sears bought Prodigy. Some people at Sears had great ideas to turn Prodigy into online sales giant. Middle Management destroyed the idea ... and Prodigy.

Martinez and people at the bottom (of which I was part) had great ideas to modernize the inventory replenishment system. Middle management blocked every single change.

As RNC Treasurer and in control of RNC money Brennan did the same thing with the party. In the daddy Bush era when Republicans were trying to figure out where to go post-Reagan, Brennan financially supported House Minority Leader Bob Michels in saying the Republicans would always be a minority party in the House and Senate. Therefore the Republicans should support Democrats who gave them crumbs from the table like Al-the-Pal Dixon of Brennan's and Bob Michels' Illinois.

The first TeaParty/Deplorable action was defeating Al-the-Pal in the Dem Primary so a Deplorable could clean the swamp 6 years later.

More than any single person, Brennan is to blame for IL being blue.

14 posted on 01/09/2017 3:56:26 AM PST by spintreebob
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To: mad_as_he$$

What is going to happen to stores like Hobby Lobby? I bought fabric, needles, and yarn there, and a few other things not in great quantity, but they had what I wanted. Chinese crap crept in and quality declined. Because of crime I stopped shopping many places. Hancock’s is another high crime store. Same goes for all stores except grocery. To much catering to box products, and fancy exotic foods few people eat.

Even there I have issues, they have no idea how to store produce. Green Beans are very temp sensitive. They don’t take cold well, cool/moist yes, cold NO. Cost of produce is another issue. I’ve lived long enough that fresh was not always available, hot house crap was what you got in the winter. I use more road stands for my produce now. May pay a little more but product is fresher. Those misters are a turn off. Yucky picking up wet produce and it goes bad faster. Stock less and more often.

Stop putting stuff in super size bottles, seniors cook for 1 or 2 at most. We don’t need a year’s supply of somethings that goes bad before we can use it up. Lots of stuff we used has disappeared off the shelves to be replaced by higher priced less effective products. Why is a gallon of bleach nearly $4 now, it’s just bleach. I don’t need 5 different cleaning products to clean a bathroom, just bleach and window cleaner.


20 posted on 01/09/2017 4:23:13 AM PST by GailA (Ret. SCPO wife: suck it up buttercups it's President Donald Trump, not the hrc commie witch.)
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To: mad_as_he$$

Would be fascinating to hear the speech. I was at Smith-Corona and Kodak when they crashed due to not knowing how to hold onto what they had in a changing world. The signs of “gonna lose it” were claxons, ignored.


28 posted on 01/09/2017 5:11:03 AM PST by ctdonath2 ("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
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To: mad_as_he$$

Sears lost its way long before Amazon...

Lambert is a lesson in self delusion..

This guy needs to step aside and let someone, ANYONE, with some retail knowledge and experience take over.. but he won’t so its just year after year watching the slow motion death spiral of SEARS.


74 posted on 01/09/2017 1:51:49 PM PST by HamiltonJay
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