3.0
Dec 6, 2021
Recommend
CEO approval
Business Outlook
Pros
Creativity of staff Relationships you can build Willingness to try new things, but lack of stomach to stick it out Funding for innovation Shift to online sales
Cons
Cult of personality Politicized leadership Subject to the whims of Wall Street No resilience to macro pressures Reliance on Asia for everything that matters Short-sighted vision, no long-term strategic vision Smaller, nimbler competition beating them with new product/brand ideas Short-sighted staff cuts (repeatedly) to meet shareholder demands Tired Board Cut-and-run mentality on new products Haven't introduced a truly new and successful brand in FOREVER Flat-footed supply chain Illogical decision-making No heart beneath the veneer when it matters most