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Provocative Perspective—The Leadership Failure of Mass Layoffs

Provocative Perspective—The Leadership Failure of Mass Layoffs

by Art Petty | Nov 16, 2022 | Art of Managing, Just One Thing, Leadership

I’ve long believed layoffs are a lagging indicator of poor leadership engaged in misguided management practices. The headlines at the time of this writing are filled with announcements of mass layoffs—mostly from Big Tech—backed with apologies from CEOs. From META CEO...

Sears CEO: “We have a profit problem.” Really?

by Art Petty | Nov 24, 2013 | Art of Managing, Leadership, Strategy

In an article in the Sunday Chicago Tribune, Edward Lampert, Chairman and Chief Executive Officer of Sears Holding Corp offers, “We don’t have a sales problem. What we have is a profit problem, and that’s what we’re intending to address.” Mr....

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