Archive for the Companies That Don't Get It category.

The Death of Home Depot

Posted on August 26th, 2009 by admin in Companies That Don't Get It, Operations & Strategy, Rants, Talent Management

By Mike Myatt, Chief Strategy Officer, N2growth 

Beware the CFO

While in flight today I had the opportunity to read an interview in “Fortune” with Home Depot’s CFO, Carol Tome. As a prelude to the interview, Home Depot’s CEO, Frank Blake proudly stated that he had placed Tome in charge of the company’s growth initiatives, at which time I sighed and said a silent prayer for Home Depot as it must surely be on its death bed to place a CFO in charge of growth. While there are certainly exceptions to every rule, placing a CFO in charge of corporate growth is like placing the drug addict in charge of inventory control in the pharmacy…it’s just not good business, and it won’t work.  

When an Apology isn’t Enough

Posted on January 28th, 2009 by admin in Companies That Don't Get It, Rants

By Mike Myatt, Chief Strategy Officer, N2growth

93 Year Old World War II Veteran Freezes to Death In Home

Innovate or Perish

Posted on December 8th, 2008 by admin in Companies That Don't Get It, Miscellaneous

By Mike Myatt, Chief Strategy Officer, N2growth 

Innovate or PerishInnovate or Perish is a battle cry that I have long espoused to my clients. I can’t think of a better example of what can happen to those companies that fail to innovate than the rumors circulating about the Tribune Co. The Tribune Co., owner of the Chicago Tribune, Los Angeles Times, and other once revered trophy brands is hemorrhaging under the burden of huge debt obligations, insufficient cash flow, and is rumored to be filing for bankruptcy as early as this week. The emergence of better alternative news sources has been hurting the newspaper industry for years now, but when you combine the rapid emergence of new media options with the crushing blow of the recession, it may just be too much for an old media lagger to survive…

Comcast is the Worst Company Ever

Posted on March 29th, 2008 by admin in Companies That Don't Get It

By Mike Myatt, Chief Strategy Officer, N2growth

In our area Comcast has a virtual monopoly on communication services in that they are the only vendor that provides a true bundled solution comprised of Internet, telephone, and cable. What’s more, they are aware of their dominant position in the market and truly abuse the situation. There are good companies, bad companies, and then there’s Comcast…Comcast is probably the worst company I’ve ever done business with, and is a perfect case study in how not to operate a business enterprise. Comcast finally hit an all time low with me this morning, and in today’s post I’ll share their most ridiculous and insulting tactic yet…

Amtrak…Doesn’t Get It

Posted on November 1st, 2006 by admin in Companies That Don't Get It, Rants

By Mike Myatt, Chief Strategy Officer, N2growth

Having spent much of my life working with successful companies I appreciate all that it takes to create one. Developing world class organizations is not an easy task however settling for mediocrity (or worse) doesn’t require much effort at all. Quite frankly I have developed a bit of disdain for organizations that won’t do what it takes to get things right because virtually all business issues can be resolved with focus, effort and commitment. Therefore I’ve decided to add a new category on the N2growth Blog: Rants. Within this category I’ll take the liberty of venting on topics, issues, current events and companies that just miss the mark. First up…Amtrak. 

 

 


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