Classic Mattel "strategy" - short sighted, reactive, anniversary the same strategy as last year, the year before, and the year before that, give it some confusing new acronym, and hope that somehow things will turn out differently. Unbelievable the lack of appreciation for and knowledge of what the "worker bee" level adds to the company on executive team's part. Not sure how they're expecting any product to be made when the only people left are directors and above who refuse to get their hands dirty and ass-kissers who aspire to be part of the do-nothing management team.
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I love this post as it's so true but you forgot to add Richie Weintraub's name as a band leader as well & was kept on salary for several years after he supposedly left.
How do I get that job? Go PLM aka People Leaving Mattel :)
bwhahahahaa, I don't know who you are, but I want to make toys for you! Please tell me you are starting your own company so I can be your first employee.
A Mattel version of the "Survivor" game is being considered by the Games & Puzzles group. Alliances, butt-kissing, nepotism, egomaniacs, backstabbing, etc. And there's a new App to decode buzzwords and acronyms like PLM, APQP, DESDOC, P2, ETC.
Mattel management (incl Tim Kilpin, Bryan Stockton, Felix Holst etc) spent more time playing in their egocentric band "the Toys" than they did running the business (into the ground). Nero fiddled while Rome burned.