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Actually, it's not obvious to me that the knowledgeable guy is the better candidate for CEO. Depending on why the second guy was successful at running grocery s
by revorad 16y ago
Actually, it's not obvious to me that the knowledgeable guy is the better candidate for CEO. Depending on why the second guy was successful at running grocery stores, he might actually be the better choice.
This is the lesson I've got from the fall of Borders and other big retailers: they didn't seem to know which business they were in. Borders was in the retail and hospitality business, not in the books business. Because of an identity crisis, they did a poor job at both.
Instead of trying to survive by ignoring Amazon, they would have probably done better to go into the grocery, apparel or restaurant business.