Kmarts Ten Deadly Sins - AchieveMax® Top Ten Book Review
Kmart's Ten Deadly Sins: How Incompetence Tainted an American Icon was begging to be written. It probably would have surfaced much earlier if not for the fear of many authors that publishing too soon would result in the omission of who knows how many future bewildering tactics by the forever transforming retail giant, K-mart. Actually, contrary to my early assumption, this book is less an indictment of K-mart than it is a combination of warnings and lessons to everyone else. There are so many negative examples in the news today of how NOT to succeed in business. However, many organizations fail to acknowledge or learn from these examples.
This book was written for those of you who find yourselves wondering how a company with such bright prospects could end up filing for bankruptcy. How could a brand as widely recognized and firmly fixed in our cultural lexicon as K-mart be teetering on the brink of extinction? Depending on whom you talk to, K-mart's fall from grace can be attributed to any number of factors. In the first in-depth examination of K-mart, author Marcia Layton Turner reveals the real reason behind K-mart's troubles-bad management-and discusses how the large personalities and even larger dreams of K-mart's misguided leaders played a significant role in transforming this once profitable retail titan into a bankrupt behemoth.
This is not a collection of the author's personal opinions as to why the once mighty K-mart is now frantically treading the tumultuous retail waters. Marcia Layton Turner interviewed many financial analysts, former employees, and industry observers to get the inside scoop on what happened at K-mart. She coupled her research findings with in-depth studies of SEC filings, news reports, and background data to paint a very clear picture of exactly how K-mart management's thinking emerged as well as what went on behind the scenes and why.
Weaving corporate history with financial analysis and expert commentary, this engaging book identifies and examines the ten management mistakes, which ultimately brought K-mart to its knees. It spins an intriguing tale of the missteps of a retail giant that once had the industry in the palm of its hand and foolishly let it all slip away. Readers will achieve a better sense of where K-mart has been and what its potential is for a turnaround. This first in-depth examination of K-mart clearly identifies and discusses the ten miscalculations K-mart's CEOs have repeatedly made, including resisting investments in technology, brand mismanagement, and haphazard expansion, to name a few.
This book is a well-written comparative analysis of why K-mart failed and Wal-Mart continues to thrive. The management lessons found in the book can be widely applied and should be shared with and discussed among any leadership team members interested in continued growth and success.
More than 100 business book reviews written by Harry K. Jones are available at http://www.AchieveMax.com/books/.
Repr int Information
Your organization may reprint this article for your newsletter, online publication, or mailing list. We ask that you print the:
- article in its entirety;
- byline of the writer;
- information about the writer, which is available at the end of each article; and
- contact information, including our toll-free phone number in the U.S. (800-886-2MAX) and link to our website - www.AchieveMax.com.
We would appreciate a tear sheet or electronic copy of the articles you reprint.
Harry K. Jones is a professional speaker and consultant for AchieveMax®, Inc., a firm specializing in custom-designed keynote presentations, seminars, and consulting services. Harry has made presentations ranging from leadership to employee retention and time management to stress management for a number of industries, including education, financial, government, healthcare, hospitality, and manufacturing. He can be reached at 800-886-2MAX or by visiting http://www.AchieveMax.com.
 Google News Updated : Thu, 21 Aug 2008 18:13:20 GMT Oil Rises More Than $6 on US-Russia Tensions, Dollar Weakness - Bloomberg
Bloomberg - By Mark Shenk Aug. 21 (Bloomberg) -- Crude oil rose more than $6 after the signing yesterday of a missile-shield agreement between the US and Poland bolstered concern that Russia may disrupt the flow of oil, and as a weaker dollar increased the appeal ... Oil rises 5 pct on global tensions, soft dollar Oil rallies on weaker dollar, US-Russian tensions Publ.Date : Thu, 21 Aug 2008 16:38:26 GMT Jennifer Garner confirms pregnancy - New York Daily News
New York Daily News - By LEAH CHERNIKOFF Violet's mom, "Juno" star Jennifer Garner,Ă‚ verified the news of her pregnancy to "Access Hollywood" in an interview that's scheduled to run Thursday night. Garner's busy with babies, but also stays in the spotlight Matt Damon, wife welcome baby girl Publ.Date : Thu, 21 Aug 2008 16:16:01 GMT An Obama pick for vice president is unspoken as he appears with ... - Los Angeles Times
Los Angeles Times - The governor is reportedly on the Democratic candidate's short list for the No. 2 spot, but at a made-for-television appearance by the two, no mention of a choice is made. Candidates Release Debate Schedule; To Meet Three Times Before ... McCain, Obama agree on fall debates Publ.Date : Thu, 21 Aug 2008 16:48:55 GMT Seinfeld to sing the praises of Windows Vista - Ars Technica
Ars Technica - By Jacqui Cheng | Published: August 21, 2008 - 12:25PM CT "If a book about failures doesn't sell, is it a success?" Perhaps not, but Microsoft hopes that a new $300 million ad campaign about the flailing Windows Vista will somehow turn it into a ... Posted by: David Kiley on August 21 Microsoft Pays Seinfeld $10M to Push Vista Publ.Date : Thu, 21 Aug 2008 17:26:10 GMT Microsoft’s Photosynth pimps 3D picture puzzles - TG Daily
TG Daily - By Christian Zibreg Redmond (WA) - Photosynth has been one of Microsoft most creative consumer projects in some time. Developed by the company in collaboration with scientists from the Graphics and Imaging Lab (GRAIL) at the University of Washington, ... Microsoft Releases PhotoSynth 3-D Photo Stitching Service Microsoft Photosynth Goes Live Publ.Date : Thu, 21 Aug 2008 16:41:38 GMT Korea Signals Confidence in Fannie, Freddie Bonds (Update3) - Bloomberg
Bloomberg - By William Sim Aug. 21 (Bloomberg) -- South Korea's central bank said it's confident in the safety of debt sold by Fannie Mae and Freddie Mac, as the two largest US mortgage financing companies grapple with a jump in borrowing costs. Fannie, Freddie: Plunge then rebound Fannie, Freddie debt rallies on likely bailout Publ.Date : Thu, 21 Aug 2008 17:29:13 GMT Upshaw's legacy: Soaring player benefits - USA Today
USA Today - By Ira Miller, Special for USA TODAY Gene Upshaw must have done something right because he had enemies on all sides of the player-management divide. Video: NFLPA Head Gene Upshaw Dies of Cancer Gene Upshaw dead at 63 Publ.Date : Thu, 21 Aug 2008 16:48:00 GMT Legitimate Work From Home Jobs |
PARLOT::Ebooks, Scripts,
Websites, and more... Description:Intense action and gripping suspense characterize the seemingly real story... Read More Review by Jessica Dearborn Tolucan Times / Canyon Crier -... Read More Washington Historian Remembers Harriet Lane, the Greatest First LadyWASHINGTON DC:... Read More Chapter OneI was ready to start the fourth grade, the... Read More I have decided to start with this text as simply... Read More Author: Thomas C. Oden Paperback: 384 pages Publisher: HarperSanFrancisco;... Read More Did Columbus first discover America?Did the Vikings first discover America?Did... Read More The Wal-Mart Decade: How a New Generation of Leaders Turned... Read More Now, I know what you're probably thinking, "Reading and eBook... Read More The New York Times' columnist visits India often. I read... Read More "The Road of Silk is an adventure fantasy, with mystical... Read More Who Moved My Cheese? For Teens by: Spencer Johnson, M.D.Spencer... Read More Broken Angel, by SW Vaughn, breathes with an insistent life... Read More Author/Publisher Christmas in Dairyland by LeAnn R. Ralph Published by... Read More I've discovered a new favorite author, and his name is... Read More Teenage years for Russ Whitney were not filled with opportunity,... Read More When the topic of family history comes up, where do... Read More "Druxel Manor is a stimulating thriller-mystery-romance novel that keeps the... Read More Last week I found an interesting book called ... Read More "The Demon Plague by Joreid McFate is a fantastic paranormal... Read More What Color is Your Parachute? Reviewed by: Matt Keegan ©... Read More "Sorat's evil will be spread by his infernal army of... Read More The Seventh Jewel is a fantasy-adventure fiction geared for youth... Read More The other day I was surfing the net looking for... Read More Without great ideas, no organization can stay afloat, much less... Read More
Adsense
websites
The Global Wolf Pack
The Storyteller - Fiction Books!
Washington Historian Remembers Harriet Lane, the Greatest First Lady
IZEE Growing Up In A Logging Camp: Chapter One
How to Survive Sudden Leadership Challenges - Covey Has Some Clues
Pastoral Theology: Essentials of Ministry Book Review
Free Ebook Offer: The Story of America: Discovery
The Wal-Mart Decade - AchieveMax® Top Ten Book Review
Do You Know How to Buy and Read eBooks!
The World is Flat - This Book by Thomas L Friedman has Taken the Online Entrepreneurs by Storm
The Road of Silk: Book Review
Who Moved My Cheese? For Teens - AchieveMax® Top Ten Book Review
Review for Broken Angel, by SW Vaughn
Book Review: Christmas in Dairyland
Book Review for The Margaret Ellen, A Karen Cobia Mystery by RC Burdick
Russ Whitney: Journey To Greatness
Author Releases Comprehensive Family History Book On The Family of JACKEL, JECKEL, IEKEL, YAKEL
Druxel Manor - Book Review
Job Interview Answers
The Demon Plague - Book Review
Book Review: What Color Is Your Parachute?
Sorat and the Modern Day Evil
The Seventh Jewel - Book Review
Product Review: Quick and Easy Ways to Instantly Mine Pure Gold from WordTracker
Ideas Are Free - A Book Summary
Affordable and Reliable Web Hosting Starting at $4.49/Month
The Laid Daughter
There has been a lot of publicity lately centered on... Read More
Atlantis Rises Book
Chapter one: Baby on the doorstep.It was one of those... Read More
Young, Fabulous and Broke? Suze Orman Has Debt Relief & Financial Freedom Advice Books for You!
Are you a parent that has all the financial responsibility... Read More
King Bartholomew and the Jesters Riddle - Review
King Bartholomew and the Jester's Riddle by Pina Mastromonaco is... Read More
The Legend of Juggin Joe - Review
The Legend of Juggin' Joe is a fiction based on... Read More
Jesus and the Gnostic Cathars
These are some of the highlights of a connected story... Read More
Living in Darkness - Book Review
Award winning author John Roynesdal, is a retired English teacher... Read More
Your Flight Questions Answered
Whether you are an experienced air traveler or a novice,... Read More
Amapola - Book Review
Alan Heywood writes a stimulating, though sometimes improbable, adventure novel... Read More
Product Review: Quick and Easy Ways to Instantly Mine Pure Gold from WordTracker
The other day I was surfing the net looking for... Read More
What Really Works - AchieveMax® Top Ten Book Review
If you watch television, read the newspaper and/or magazines, frequent... Read More
The Letter Writer: Book Review
"I enjoyed reading this book. The characters were portrayed very... Read More
Sorat and the Modern Day Evil
"Sorat's evil will be spread by his infernal army of... Read More
The Little Mornings - Book Review
The Little Mornings, by C M Albrecht is a murder... Read More
Pastoral Theology: Essentials of Ministry Book Review
Author: Thomas C. Oden Paperback: 384 pages Publisher: HarperSanFrancisco;... Read More
Profitable Growth Is Everyones Business - A Book Summary
The days of ruthless downsizing and drastic cost cutting are... Read More
Ferns Dragon - Book Review
"Fern's Dragon is a wonderfully fun read that stimulates the... Read More
Book review on Finite Capacity Scheduling, Part III
With this all possible the price could be lowered to... Read More
Cut to the Chase
The Review Diaries "If It Doesn't Go Up, Don't Buy... Read More
A Ghost in Cornwall
This land is my memories. For two thousand years this... Read More
Fire in the Ice: Book Review
"An excellent novel that will wring tears of frustration and... Read More
Shattered Memories, Scattered Emotion - Review
Betty Woodrum released her first book of poetry entitled Shattered... Read More
72 Hour Hold
Bebe Moore Campbell weaves a tale of unrelenting love and... Read More
Political Frugality - Review
It is hard to specify exactly what genre Larry Roth's... Read More
The 18 Immutable Laws of Corporate Reputation - A Book Summary
Everything an individual or company does or produces contributes to... Read More
Book Reviews |