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Building an Open Future
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Worst & Stupidest Corporate Decisions EverViews: 541
Dec 21, 2009 11:28 amWorst & Stupidest Corporate Decisions Ever#

shellysmith <shelly.commmanager@gmail.com>
Read this its awesome!

http://ceoworld.biz/ceo/2009/12/21/worst-and-stupidest-corporate-business-decisions-ever-made

Shelly Smith!
shelly.commmanager@gmail.com

Private Reply to shellysmith <shelly.commmanager@gmail.com>

Dec 21, 2009 2:51 pmre: Worst & Stupidest Corporate Decisions Ever#

Ken Hilving
I don't know that most of these qualify as bad decisions. The value of companies like Atari, Microsoft, and Google came from the environment they had to grow in, and had they been purchased by those who saw no value, they would have had no value. Likewise for the telephone, home computers, and solid state electronics in general.

There is one on the list, associated with Enron, that does qualify. Not simply with Enron, but with all companies:

"...for decisions to work well, they need to inspire trust... The decisions that work best are honest and compelling. They engage people and gather their own momentum."

Good approach for governance as well. :-)

Private Reply to Ken Hilving

Dec 21, 2009 6:38 pmre: Worst & Stupidest Corporate Decisions Ever#

Thomas Holford
Great list of quotes at the end of the article.

Visionaries see what no one else sees. That's why they are visionaries.

Somewhere out there on the scrapheap of marketing history there are also people who have said things like:

"You can get a cup of coffee for ten cents. No one will EVER pay two bucks for a cup of coffee."

And:

"How can you charge two bucks for a bottle of water? You can get it free from the drinking fountain."

Private Reply to Thomas Holford

Dec 21, 2009 9:15 pmre: Worst & Stupidest Corporate Decisions Ever#

James Booth
.
Site needs a proofreader ... : )


JB

Private Reply to James Booth

Dec 21, 2009 10:20 pmre: re: Worst & Stupidest Corporate Decisions Ever#

Ken Hilving
Does anyone else see the irony of Western Union dismissing the telephone, in light of today's texting and posting versus talking?

The WU president wasn't an idiot, he was a visionary! LOL STOP

Private Reply to Ken Hilving

Dec 21, 2009 10:29 pmre: re: re: Worst & Stupidest Corporate Decisions Ever#

James Booth
.
LOL

.

Private Reply to James Booth

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