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We just had a close call with this where I work. Bought a company, because they were failing and being crushed under their own weight. Somehow they convinced
by jethro_tell 3y ago
We just had a close call with this where I work. Bought a company, because they were failing and being crushed under their own weight. Somehow they convinced the management at my company that they knew the path forward and we've been in complete gridlock trying to get anything done for a couple years, eventually they hired outside management for the company we bought, set clear KPIs which they failed to deliver on (in some cases failing to even attempt to deliver on) and the got fired.
But god damn, when you buy a company that can no longer afford to support its own weight, don't let those fuckers convince you that they somehow know how to run your business too when they can't run theirs.