Originally Posted by
FolderBeholder
Sears' problems began and end with Lanpierre. Chinese-made Craftsman tools are but a victim of Eddie gutting the place from the tool department, into every other Department in Sears. He's cleaned it out. You used to be able to buy a kit home from Sears too...most of us prolly don't remember that but as an evolution in their company history Sears did sell them, then they didnt. And then many generations later a corporate raider came in and decimated that once giant American concern.
Sears problems may well have been building for decades.
But, I think there is also a risk of having managers that are simply good with moving money, without a deep understanding of the company and customers.
No doubt one needs both, a money person and a business insider. And that dichotomy may be part of the issues that many small bicycle companies face.