Thursday, October 05, 2006

The problems at Wal-Mart escalate

The company does not seem to be able to get out of its own way. We can expect to see continued bizarre reactions from the company. It is now shooting from the hip, and the instincts which served it so well in its C and D county days are completely wrong in the rest of the country. Whether is is the countries it enters, or the people it hires, the company is making misstep after misstep. I fully expect to see that looking back on this year, we will see it as the acceleration of the end of the company, while Target, Best Buy and others continue to be sure-footed.

Even as it hires people who do not fit the culture, it manages them poorly. It brings in people knowing they are different because it expects different ideas. Then it will reject them rapidly. The only people who will stay will be those who will be able to become like the existing management!

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