So when your company is losing market share and has sales/profit issues here is how you fox it. Bring in a President that ran KMart into the ground and then got pushed out of Dicks Sporting Goods. Bring in a bunch of executives from another long failing retailer called Sears that then hire their buddies to help turn stuff around and then top of all off by bringing in a new CEO that was retired but for some unknown reason felt he could help turn the tide or they offered him a boat load of money, I'm going with the latter idea. All these great moves were done without any forethought and were probably recommended by a consulting firm that was run by friends of those Follett brought in. Here's a tip LOOK FOR EXECUTIVE TALENT FROM OUTSIDE OF THE CHICAGO AREA!!!!
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They are correct. A look at the records of Don, Clay and a few others they brought in shows how they got screwed as mid level at Kmart and now they are repeating the same tactics used against them. Hell Don's first speech to the company was a straight copy of a speech the then new CEO of Kmart gave in 2002. He only changed the word use of Kmart to Follett. And that's the kind of leadership we are supposed to believe in? Yeah right.....
Great post and advice. But it's obviously too late to fix this mess. Sell it off for parts and call the game over.