You know this guy? Recently he lashed out at people for the turning of his company's fortune. He blamed the consumers' stubborn mindset & their resistance to change, retailers for not being competitive when it comes to e-commerce & for being jerks when it comes to customer service- he blamed everyone else less himself. If you are a management academic, this kind of leadership are the types on board sinking ships. To think he's Harvard material... let's not get too personal.
What's happening now? Stakeholders are calling for his head to roll before they would agree to any forms of re-financing to see the issues through. Good sign- people still believe in the company & what the brand name means to the industry, there's still so much respect there so if you think you are in a decision-making authority & should act for the good of the company, you know what to do. I'm not here to applaud anyone's down fall, I feel for the brand name more than the people behind it. We can tell if the company is healthy through the people & products churned out. This picture you see above, do you see a stubborn entity wielding a tool so wrong & being proud of it?