Thread regarding Mattel Inc. layoffs

Farr cry from proper decision making

The problem is that the company stopped managing as a design & marketing company, and started operating as a finance company.

Sometimes, decisions need to be made beyond immediate financial impact. All of the time, decisions need to be made beyond ego.

When you strip down packaging, cheapen materials, and constantly seek to remove product accessories, you develop commodity toys. When parents go to the shelf, the magic and trust is gone.

Farr & Stockton traded for short term profit and gave up long term brand equity and viability. Both as dumb as they come.

We had a culture that was magic, and they killed that too.

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| 561 views | | 4 replies (last March 13, 2015) | Reply
Post ID: @OP+AuyFgkv

4 replies (most recent on top)

Excellent commentary! I could not agree more!

Cardboard cutouts like Kevin Farr need to be shown the door! Bring back the magic!!

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Post ID: @TsA+AuyFgkv

Perfectly said!

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Post ID: @gjW+AuyFgkv

You know what? Let this trainwreck continue down its path, who cares? I don't. If this is the thinking that the company chooses to embrace,so be it. The company will continue to run itself into the ground. If the company keeps self-serving megalomaniac in power up top, that sure as hell trickles down into the VP & Director role in all the offices and is certainly the case more than ever in FP. Good Luck, all.

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Post ID: @wbG+AuyFgkv

Mattel president Neil Friedman was the last guy who said "don't cost the magic out of the toy". He left in 2011 and beancounter Bryan Stockton entered the ring as COO. The beginning of the end.

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Post ID: @nkA+AuyFgkv

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