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CIOs Dismissed As Techies Without Business Savvy By CEOs
Qedward writes in with a link about the gap between the tech side of business and the bean counters. "CIOs are being dismissed by CEOs as too techie and not aligned with business activities. According to recent Gartner survey of 220 CEOs across the world, business leaders expect spending on IT to rise, but without a corresponding rise in the importance of the role of the CIO within the organization. CIOs appear to be failing in the eyes of CEOs in terms of alignment with the rest of the business. The research showed the stereotype of the head of IT being too preoccupied with technical issues to be effective business leaders persists. He said they were perceived as unable to bring a breadth of business perspective to the table."
Walgreens pharmacy. Their CEO is concentrated on building revenue by letting all the help go in order to pay his bonuses. I went by there yesterday and the place was backed up, the wait for a prescription was over 2 hours and they had one guy, the Pharmacist, manning the phone, the drive-thru window and the counter plus he was trying to fill prescriptions. This was never the case until just recently but now it's an everyday thing there. I hate to move to another pharmacy because that one is only 3.5 miles from the house but if this keeps up I'm outa there.
Bob Nardelli of Home Depot. Nearly ran the company into the ground with his corner-cutting. Walked away with a $200M golden parachute. It's amazing the company is still around.
"Chainsaw Al" Dunlap is another, nearly destroying Sunbeam. Once known for quality products, Dunlap's constant mass firings of the most experienced employees resulted in Sunbeam becoming yet another bottom-shelf manufacturer.
You can never go home again... but I guess you can shop there.