The previous post is just a diversion tacit to get you mind off the key points. So I will point them out once again. Overly staffed executive suite, under-qualified executives, out dated business models, and lack of trustworthy leadership, just to name a few. Nader mentioned a business plan that his business unit is going after book fairs. How is this being a leader in the industry. Book fairs have been around for sometime now. Are we going to buy scholastic next? Clay mentioned about introducing apple shops and making the stores a campus. Hello...how behind the times is this? BN has been doing this since the late 90s. A company survives through innovation and creativity. And folks that is clearly lacking in this leadership.
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Follett is in this mess based on the leadership that is in tact today (with the exception of GT and MLS). This is an epic fail of this leadership team, yet they only look downward for blame. How come right sizing only applies to the employees and not the senior leadership.
Too late scholastic was purchased by houghton mifflin earlier this year.
Follett is not innovative! They look at what everyone else is doing and throw a dart at a board and say lets do that.