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  • Posted by iroseland 10 years, 9 months ago
    its an interesting read.. We need to ask ourselves how things got that way. In the end it appears that Eddie while claiming interest in the books, is apparently not very good at applying the actual lessons. If he wants to be Frisco or Hank he needs to man up and act as the leader of his company. Right now he is trying to avoid actually leading his organisation while reaping the rewards of good leadership. So, the take away lesson here is that while I can really appreciate the work Rand has done in pointing me in the right direction I am still in charge of doing my own thinking, and work. I must pay attention to avoid taking a shortcut that only leads to disaster.
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  • Posted by DragonLady 10 years, 9 months ago
    It would be funny if it weren't so sad. Sears used to be a great place to work.
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    • Posted by Rocky_Road 10 years, 9 months ago
      My father-in-law did a managerial stint with Sears once, and he always spoke highly of them.

      He always told a story about a local entrepreneur who asked if they would consider carrying his product in the store. They told him to leave it, and they would get back to him.

      A couple of weeks later they asked him back.

      They told him they would like to sell his product, but could not agree to the wholesale price he was asking.

      His face (said my father-in-law) fell to the floor. He mumbled that he didn't see how he could cut his price, and that he was pricing it on the barest of profit margins that he could stand.

      The executives at the meeting smiled and said: "No, that's not the problem. We are worried that you could not meet our demands based on your price, and want you to consider raising it. We can sell this for a profit, and we want to make sure that you will remain in business so that can happen."

      True story, as long as I can believe my father-in-law...and he had no reason to lie to us.

      What are the chances that Sears would look out for the supplier these days?
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