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The Max Attacks: This month I'd fire Marc Bolland, CEO of M&S
M&S are incompetent in all levels of middle and lower management.When asked they dont even know what system of management they use and talk of having a team,but one without a leader. They are dishonest to their small suppliers and if they complain threaten them with legal action. They are arrogant and think they are God. They at the top are only there for their bonuses and have contempt for their suppliers and dont keep their word written or otherwise.Their c.e.o..has no shop floor experience and no interest except in himself..Their executives have degrees and qualifications,but few qualities and very low intelligence or understanding and are never held responsible with either targets or to explain their failings,but they still get a bonus,Bolland is worse than Bob Diamond as he is also dishonest but made money for shareholders,but Bolland failed and was still given millions instead of the sack...With their dysfuncional management their shares will drop rapidly. I remenber when it was run by Jewish executives 35 years ago and they knew how to sell,look after the shop and always kept their word especially to small suppliers as they had themselves been treated badly as a small minority. They are gone now and hence the M&S decline with arrogant opportunist CEOs who have no idea what customers want and dont care as long as they get their massive undeserved payouts.
Sat, 14 Jul 2012
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