Want to be notified when a new article is posted? Entere your email here.

Thursday, August 31, 2006

What Was Radio Shack Thinking?

This is a bit off the usual Financial Rounds beaten trail, but some things just deserve comment.

RadioShack (ticker: RSH) has had some hard times lately - sales have been down, and the price of their common stock has dropped from the $20 range in early April to a low of less than $14 in June (it's since rebounded to $18).

But they just informed some 400 employees (mostly in their home office) that they were to be laid off immediately - BY EMAIL!

What were they thinking? This has to be one of the crassest classless, and most tone-deaf corporate moves I've seen in a long time. And that says a lot, since as a finance professor, I'm staunchly pro-business.

HT: Captain's Quarters where Captain Ed pretty much nails it:
Consumers may want to rethink their loyalty to Radio Shack after this decision. If this is how they treat their employees, imagine what Radio Shack thinks of their customers.

It's an inexcusable business decision. Managers who lack the fortitude to communicate terminations directly should not serve in that capacity. I can tell you from long experience how upsetting a termination can be for the manager involved, but in well over a decade of management, I have never once been tempted to do it by mail, e-mail, or semaphore. Even the worst employees deserve to have their manager take the time to sit down with them and explain the decision to terminate employment.

I agree - RadioShack management should figure out how to grow some necessary "equipment" that they seem to be missing.


Anonymous said...

You may or may not listen to internet radio,
but you can admit that internet radio sounds pretty creative itself, right.
In addition to music, they broadcast preaching and teaching from Jimmy Swaggert
and other pastors and teachers who work with the ministry.
The interface is user-friendly and intuitive, providing you with an easy way of navigating through the settings, configuring playlists and managing your
media collections.

my web page - More Material

Anonymous said...

This is because it gives you more precise targeting opportunities, lets you combine audio ads
with synchronized banners and buttons to maximize visibility and
retain attention, lets your listeners take an
immediate action (after all, they are only a click away from your site) and puts you in control of your advertising campaign (you can pay the service
provider on the basis of the actual number of impressions).

The radio has its own stream through a wireless router and you can easily listen to all the
existing radio stations. Most stations will give you names of their more popular hosts and ask you to talk with them.

Check out my web site :: Internet Radio

Anonymous said...

a Bruce Lee workout includes stretching, bending, running, dipping, kicking, jumping, traditional muscle building exercises, weight lifting, rope skipping,
medicine ball handling, etc. Withdrawal from levothyroxine can be done but it takes 6 weeks of withdrawal
for the remaining thyroid tissue to be completely starved.

Hence, broccoli is a must-add ingredient in your vegetarian weight loss diet.

Also visit my web page - www.janekim.org/member/183

Anonymous said...

Break your 3 normal main meals into 5 smaller portion sizes - morning,
snack, lunch, snack, dinner. Vitamin B3 or
also called as Niacin is important in weight
loss because it is responsible for the regulation of thyroid hormones
and also in sugar levels in the body. Now, the average healthy amount
people are supposed to lose is 2 pounds per week.

Here is my blog; http://www.lyrica.com/content/fast-programs-weight-loss-described

Anonymous said...

If, at the end of this time period, the score is tied, there are two options the officials can take.
Understanding video gaming is a must tip on how to run a game store.

This classic game integrates all-out entertainment with
vocabulary enhancement in one amazing game.

Stop by my web site ... nebraska game and parks department

Anonymous said...

Needless to say I felt that it was something that I would take a little time to explain and more importantly give some
insights into why it is so important to your business.
At the time of writing this column Tweetie for the i - Phone was bought by Twitter and has
now become the Official Twitter client. With the new advanced birdy adder
pro you get awesome technical assistance.

My site :: facebook twitter app twitter sign up

Anonymous said...

I understand that those are the products designed by manufacturers to make them money and if they are endorsed by winning popular professionals, sales will be high.

Aside from the obvious difficulties of pitching so brilliantly in such a high
pressure situation, Larsen's feat is even more impressive when one considers that the Dodgers had four future Hall of Famers in their lineup: Duke Snider, Jackie Robinson, Roy Campanella and Pee Wee Reese. If you want to be able to hit the ball further and harder, you should keep in mind to keep your grip on the bat loose, your swing should begin with your legs and hips, and finally, you must always follow your bat through.

my blog :: medicare gov

Anonymous said...

It has an all-black black (matte) external casing, comprehensive with a pop-up flash on the best.
1MP resolution and you can be sure of high
quality photos with it. The software is Sony's "Picture Motion Browser" v 5.

My web site ... please click The next website Page

Anonymous said...

You have to give a tube radio at least 20 to 30 minutes just to
warm up and then you decide what frequency you want to be on and load the plate and
tune them up. It was an entertaining radio program that played the music people wanted to hear combined with his groovy
upbeat personality. Another radio commercial production tip to chew
on is to make sure the audio quality is excellent on any spot
your produce.

Feel free to visit my website :: www.scooopy.com

Anonymous said...

This is more important than ever in a world where there are
dozens of different audio formats. Regular workshops ensure that the staff at PVM Radio subdivision is not only up to date with the latest technological innovations, but also ensures that the
customers from diverse backgrounds are offered the best possible services to suit their tastes.
Yours Truly, Johnny Dollar: The Duke Red Matter (Part One; CBS, 1956)'Abbott Stables's Duke Red is a thoroughbred destroyed over a serious injury in an accident,
and Dollar (Bob Bailey)'asked to review a $65,000 insurance claim on the horse'smells trouble
when the stable's business manager is dismissed after filing the claim, and its veterinarian may have destroyed the horse a little too swiftly.

My website radio hamburg de

Anonymous said...

I have interviewed a few parents to attempt to understand what their true objection is with
their child playing video games. If you are unable to sign in to Game
Center or are having problems staying connected:. Most video game testers reported that their salary falls
between $15,000 and $55, 000 in a year.

Check out my web site: http://networking-world.blogspot.de/2013/05/announcements-from-genbands.html