Tuesday, December 10, 2013

The Sad End Of Sears Randism

Ayn Rand-loving CEO destroys his empire - Salon.com:
... Instead of enhancing Sears’ bottom line, the heads of various divisions began to undermine each other and fight tooth and claw for the profits of their individual fiefdoms at the expense of the overall brand. By this time Crazy Eddie was completely in thrall to his own bloated ego, and fancied he could bend underlings to his will by putting them through humiliating rituals, like annual conference calls in which unit managers were forced to bow and scrape for money and resources. But the chaos only grew...

2 comments:

billy pilgrim said...

i was always a "sears guy". shit, i've got my eyes on a pair of arnold palmer loafers so i guess i'm still a "sears guy".

Bob Harrison said...

i shopped sears for ages. now i'm mostly amazon.