[Aloha]

Really?

Have you been in a Pennys? It's about as upscale as Dennys, and as hip as the dentist. On the other hand, it did offer consistent value and a consistent shopping experience. He tried to do in a year, what needed ten years or more to do, and failed. His failure is not unsurprising to any of us who have been in the store. Pennys, was so un-hip it almost became hip, but it rightly so had a image of dowdy women wearing housecoats shopping on a Tuesday.

[8ig8]

I have been to Penny's many times. I don't necessarily disagree with your observation of the store, the point I was trying to make is that judging the dude on the visual data we have is unfair.

I don't know the guy, but I assume he's not stupid, so if what you believe is so obvious, it must have been obvious to him too. But, for some reason he chose a certain strategy and we don't know exactly why. We don't have all the data.

All I'm trying to say is that it is easy to criticize, but I don't feel comfortable criticizing someone who knows a lot more than me in a certain area.

It's fucking hard to be CEO and I don't feel comfortable being an armchair CEO.

[reddit_clone]

What is your point? Only CEOs can criticize CEOs now?

It didn't seem like he knew what he was doing. Most people knew that he was going to land on his ass. He duly did. Criticism fully warranted, armchair or not.

[quahada]

We never have all of the facts. Criticism is an important way to learn from other's mistakes. Sometimes you have to make due with the limited data you have.

Also, it's actually very common for someone who has considerable knowledge in a certain area to be wrong. The market/technology/customers/etc can all pass them by, while their thought process remains stagnant.