Just A Grifter At The Helm!
Artificially created numbers by sacrificing THOUSANDS UPON THOUSANDS of Peoples Jobs!!!
And another Hiring Freeze just put into effect. Lowe’s is now Sear’s 2.0. I know, I worked for Sears and watched the same tactics lead to their eventual demise!
It is strictly Short Term success that can’t be sustained long term!!!
“Smoke & Mirrors Marvin”
God Bless
Causality -for every reaction (cuts) a reaction (poor customer service.
Most causality outcomes come to light long term. Smart people think long term, dumb, perceptual thinkers think short term, like animals. Our leader is nothing more than a deer in the headlights who freezes. He cant think his way out of a wet paper bag.
His actions now are crippling the company long term. Yes, Lowe's will go under. Its just a matter of time unless this dipchit is removed.
It's short-term thinking because he's focusing his efforts on boosting the quarterly results. He's pandering to the major shareholders and the board in an effort to enrich them (and himself in the process). He demonstrates minimal forward-looking, long-term vision, and appears to be thinking only in three-month increments.
In his myopic pursuit of short-term gains, he's casting aside hundreds, if not thousands, of experienced hard-working employees at the store level. These actions may show improvements in the quarterly results for a short time, and Marvelous Marv may well get richer (as will his hedge-fund cronies and sycophantic followers), but the company itself will drift further and further away from its original purpose.
Like many companies before it, Lowes is being made to drift away from its original purpose, in favor of becoming just another excuse for manipulating money and numbers.
Lest we forget, Lowes was once all about helping people "love where they live", and we coupled that social responsibility with a coincidental drive to profitability. Now, unfortunately, it's all about money. Like Sears, Penney, GE, and a host of other fortune 500 companies, once they lost sight of their social responsibility, the end was not far behind.
How is it short term thinking when all he's doing is trying to emulate home depot
Anyone who approves of Marvin’s tactics is either ignorant or a greedy POS!!!!!!!!