Back in September of 2015, the CEO of Volkswagen was forced to resign just days after the U.S. environmental authorities disclosed that the company had rigged diesel engines to cheat on emissions tests. The disclosure led to civil and criminal litigation against the company, which has pleaded guilty to federal charges including conspiracy to defraud the U.S. Government and U.S. consumers.
Bob's Gutsy Leadership Blog
Archive for January, 2017
Tesla Motors has been all over the financial news recently, and usually not for positive reasons. Here are three fundamental problems they are having: 1.) Unreliable Sales Forecasts – Tesla has a long history of over-promising and under-delivering. The latest example comes from their forecasts of 2016 sales. In Q3 of 2015, they predicted the […]
It was 1886 when Richards Sears and Alvah Roebuck started up the retailer that took the name Sears and Roebuck. It began as a mail order operation and it wasn’t until 1925 that it began to open stores, while aggressively marketing the famous Sears catalog. By the 1950’s and 60’s, the Sears catalog was found in most homes and represented the equivalent of Amazon in those days. It was a super convenient way for consumers to order things over the phone or by mail and have them delivered. From the mid 20’s until 1989, this retailer grew into a true American icon.