OT - What Do Home Depot and Chrysler Have In Common?
Lew Hodgett wrote:
Subject
Chrysler deserves the screwing they are going to get.
Chrysler shareholders are the ones most likely to get screwed under a
Nardelli watch. (Saying this as a 7+ year HD shareholder still waiting for
it to recover to breakeven from its price 7 years ago).
Nardelli's idea of long range planning is, "What's for lunch?"
Strictly a "slash and burn" approach.
Yeah, that approach works real well. I worked about a decade or so ago.
You notice GE didn't pick him to replace Welch.
Lew
Yep, and ol' Jack wasn't exactly a "kumbayah" kind of guy himself. (Any
company, that as a matter of policy believes it should have 5% of its
workforce rated as "unsat" and headed for layoff isn't exactly a "people"
place.
--
If you're going to be dumb, you better be tough
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