Thread regarding Cabela's Inc. layoffs

Business Model???

I read the back and forth on this and I think everyone can come to the same conclusion. Since going public, Cabela's has degraded from a successful business model to a pot of money for the upper echelon and big time share holders take everything they can out of the company. There is no evidence of long term planning for continuing success here.

The insane and unsustainable growth of the company through building stores all over made it clear that failure was in the near future.

Running successful businesses has more to do with common sense than the number of MBA's employed in Sidney.

If you look at the company over the past 10 years, it looks like a business model specifically designed to fail.

There appears to be zero empathy for the hourly employees.

In order to keep a company going and growing requires an investment in the human factor. Those are the people who work in the stores, answer phones, work in the warehouses and distribution centers. Treat them right, pay them well and show them the respect and dignity they are entitled to, and the company will thrive. The employees will respond to good treatment with good and dependable work.

Brow beating and bullying employees does nothing productive at all. It a symptom of poorly trained and ignorant management.

For an outsider looking in, I've seen this business model before. It is employed by the mob and called a, " Bust Out."

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| 1181 views | | 5 replies (last May 18, 2016) | Reply
Post ID: @OP+HqsIPRj

5 replies (most recent on top)

you got it exactly right

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Post ID: @2pkg+HqsIPRj

What are the chances that they grew their brick and mortar store presence too fast? You'll never get Sidney to accept that maybe there is a bit of saturation right now.

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Post ID: @1nql+HqsIPRj

Kudos, well said Business Model, you hit the nail on the head! I've worked for the Cabela's store in Hamburg for over 10 yrs. and seen the changes. You are correct in your statement, there is zero empathy for the hourly employee. Especially the employees that have worked for this company for so long. I always said if you treat your employees right, they will do their best. Now they have you sign a paper stating that you will engage with the customer. Treat your employees right and in turn the employee will take care of the customer! No paper needed!

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Post ID: @epa+HqsIPRj

As somebody who 1. Is not from retail & 2. Works there Part Time as a secondary (which I might add was because of the (what I saw as) excellent benefits given part timers) you nailed this completely. I (unfortunately) have watched this company go completely down the toilet since they sold out to the corporate mentality. All we can hope for now is that whoever takes us over gets rid of the "cancer" that has ran this company into the ground.

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Post ID: @ddq+HqsIPRj

Well said

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Post ID: @goc+HqsIPRj

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