walmart

Walmart Investors Should Worry about Tracy Morgan Lawsuit – A Lot

Famed actor and comedian Tracy Morgan has filed a lawsuit against Walmart.  He was seriously injured, and his companion and fellow comedian James McNair was killed, when their chauffeured vehicle was struck by a WalMart truck going too fast under the control of an overly tired driver. It would be easy to write this off…

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crumbs cupcake

Two Lessons For Us All from Crumbled Crumbs Bake Shop

Crumbs Bake Shop – a small chain of cupcake shops, almost totally unknown outside of New York City and Washington, DC – announced it was going out of business today.  Normally, this would not be newsworthy.  Even though NASDAQ traded, Crumbs small revenues, losses and rapidly shrinking equity made it economically meaningless.  But, it is…

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Hobby Lobby Store

Hobby Lobby – Win the Battle, Risk Losing the War

Yesterday the U.S. Supreme Court ruled in favor of Hobby Lobby and against the U.S. government in a case revolving around health care for employees.  I’m a business person, not a lawyer, so to me it was key to understand from a business viewpoint exactly what Hobby Lobby “won.” It appears Hobby Lobby’s leaders “won”…

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Amazon's new Kindle Fire smartphone

The Kindle Smartphone is a Game Changer – But Not As You Think

Yesterday Amazon launched its new Kindle Fire smartphone. “Ho-hum” you, and a lot of other people, said.  “Why?”  “What’s so great about this phone?” The market is dominated by Apple and Samsung, to the point we no longer care about Blackberry – and have pretty much forgotten about all the money spent by Microsoft to…

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Charlie Sheen, Conner Greene, Jeff Ballard on set of "Anger Management"

Herding Cats – 4 Leadership Lessons from Top Publicist Jeff Ballard

Charlie Sheen, Chandler Massey, Johnny Depp, Paula Abdul, Zac Efron, Rob Lowe, John Davidson, Dick van Patten… This is just a short, partial list of the people Jeff Ballard works with, and has worked with in some cases for nearly 30 years, as one of the top publicists in the entertainment industry. Often CEOs will…

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lifecycle slide

Will Steve Ballmer Be a Good LA Clippers Leader?

Anyone who reads my column knows I’ve been no fan of Steve Ballmer as CEO of Microsoft.  On multiple occasions I chastised him for bad decisions around investing corporate funds in products that are unlikely to succeed.  I even called him the worst CEO in America.  The Washington Post even had difficulty finding reputable folks…

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Resign Shinseki – Relying on Statistics is Lazy Leadership

It is ironic that on this Memorial Day weekend (a remembrance of our fallen soldiers) America is learning that its military veterans have been ineffectively served by the Veterans Administration (VA) hospital system.  Hundreds, if not thousands, have gone months without care – and some have even died while waiting. No veteran should die while…

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ibm4-1

Why You Don’t Want To Own IBM

IBM had a tough week this week.  After announcing earnings on Wednesday IBM fell 2%, dragging the Dow down over 100 points.  And as the Dow reversed course to end up 2% on the week, IBM continued to drag, ending down almost 3% for the week. Of course, one bad week – even one bad…

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cybercrime-1

Investors May Regret Target’s CEO Ouster – Look at Sears, JCP

Lots of press this week about Target’s CEO and Chairman, Gregg Steinhafel, apparently being forced out.  Blame reached the top job after the successful cyber attack on the company last year.  But investors, and customers, may regret this somewhat Board level over-reaction to a mounting global problem. Richard Clark is probably America’s foremost authority on…

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Decrease dollar graph.

Wake Up Call! How Stagnation Spiral is Hurting Illinois

Economic growth is a great thing.  When the economy booms people make more, so they pay more income taxes.  They spend more, which generates more sales tax.  They upgrade homes and buy bigger homes, which have higher property taxes.  But even though they pay more dollars in taxes, people are happy because they have more…

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