Kmarts Ten Deadly Sins - AchieveMax® Top Ten Book Review
Kmart's Ten Deadly Sins: How Incompetence Tainted an American Icon was begging to be written. It probably would have surfaced much earlier if not for the fear of many authors that publishing too soon would result in the omission of who knows how many future bewildering tactics by the forever transforming retail giant, K-mart. Actually, contrary to my early assumption, this book is less an indictment of K-mart than it is a combination of warnings and lessons to everyone else. There are so many negative examples in the news today of how NOT to succeed in business. However, many organizations fail to acknowledge or learn from these examples.
This book was written for those of you who find yourselves wondering how a company with such bright prospects could end up filing for bankruptcy. How could a brand as widely recognized and firmly fixed in our cultural lexicon as K-mart be teetering on the brink of extinction? Depending on whom you talk to, K-mart's fall from grace can be attributed to any number of factors. In the first in-depth examination of K-mart, author Marcia Layton Turner reveals the real reason behind K-mart's troubles-bad management-and discusses how the large personalities and even larger dreams of K-mart's misguided leaders played a significant role in transforming this once profitable retail titan into a bankrupt behemoth.
This is not a collection of the author's personal opinions as to why the once mighty K-mart is now frantically treading the tumultuous retail waters. Marcia Layton Turner interviewed many financial analysts, former employees, and industry observers to get the inside scoop on what happened at K-mart. She coupled her research findings with in-depth studies of SEC filings, news reports, and background data to paint a very clear picture of exactly how K-mart management's thinking emerged as well as what went on behind the scenes and why.
Weaving corporate history with financial analysis and expert commentary, this engaging book identifies and examines the ten management mistakes, which ultimately brought K-mart to its knees. It spins an intriguing tale of the missteps of a retail giant that once had the industry in the palm of its hand and foolishly let it all slip away. Readers will achieve a better sense of where K-mart has been and what its potential is for a turnaround. This first in-depth examination of K-mart clearly identifies and discusses the ten miscalculations K-mart's CEOs have repeatedly made, including resisting investments in technology, brand mismanagement, and haphazard expansion, to name a few.
This book is a well-written comparative analysis of why K-mart failed and Wal-Mart continues to thrive. The management lessons found in the book can be widely applied and should be shared with and discussed among any leadership team members interested in continued growth and success.
More than 100 business book reviews written by Harry K. Jones are available at www.AchieveMax.com/books/index.htm">http://www.AchieveMax.com/books/.
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www.AchieveMax.com/motivational-speaker-harry.htm">Harry K. Jones is a professional speaker and consultant for AchieveMax®, Inc., a firm specializing in custom-designed keynote presentations, seminars, and consulting services. Harry has made presentations ranging from leadership to employee retention and time management to stress management for a number of industries, including education, financial, government, healthcare, hospitality, and manufacturing. He can be reached at 800-886-2MAX or by visiting www.AchieveMax.com">http://www.AchieveMax.com.
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The Hogwarts universe is set to expand by an additional two new Harry Potter books, published by Bloomsbury in the UK (and presumably Scholastic in the USA) in conjunction with a British Library event, in celebration of the 20th anniversary of the series.
The library exhibition titled, "A History of Magic," featuring the two books will be open from October 2017 to February 2018.
The books, both by the British Library, include unseen sketches and manuscript pages from author J.K. Rowling, magical illustrations from Jim Kay and artifacts from the archives at the library.
J.K. Rowling, in a statement on the Pottermore website, called A History of Magic an "adult edition" and Harry Potter A Journey Through A History of Magic "a family edition for younger readers."
As a part of the celebration of its centennial this year, the Women's National Book Association has awarded the WNBA Second Century Prize to the Little Free Library. The award, which carries a $5,000 grant, honors "an organization that supports the power of reading, past, present, and into the future,"
The Little Free Library, a nonprofit organization that promotes reading for all ages, but especially children, by building free book exchanges.
Founded in 2009 in Hudson, Wis., by Todd Bol to honor his mother, a schoolteacher, the Little Free Library promotes the building of free book exchanges. There are now more than 50,000 registered Little Free Libraries worldwide, in all 50 states and 70 countries.
The budget battle is kicking up again in Washington, but this time with a note of optimism for libraries and library supporters. Last week, a House Appropriations subcommittee voted to recommend level funding for libraries in FY2018, which would mean roughly $231 million for the Institute of Museum and Library Services (IMLS), $183 million for the Library Services and Technology Act, and $27 million for the Innovative Approaches to Literacy (IAL) program.
The vote comes after President Trump in May doubled down on his call to eliminate IMLS and virtually all federal funding for libraries, as well as a host of other vital agencies.
By his own admission, the novelist Junot Díaz is an agonizingly slow writer and a chronic procrastinator. Over the past two-plus decades, he has published just three books: two short-story collections and his 2007 novel, The Brief Wondrous Life of Oscar Wao, which won the Pulitzer Prize.
But even by Mr. Díaz's glacial standards, his latest book, Islandborn (March 2018, Dial Books), will be long overdue about 20 years past deadline. And it's a mere 48 pages long.
According to the New York Times, Islandborn "engages with many of the same themes that Mr. Díaz has wrestled with in his fiction: immigration and identity, the weight of collective memory, and feelings of displacement and belonging." ...
This year's International Thriller Writers' annual awards have been presented to:
Hardcover: Before the Fall
, Noah Hawley
First Novel: The Drifter
, Nicholas Petrie
Paperback Original: The Body Reader
, Anne Frasier
eBook Original: Romeo's Way
, James Scott Bell
Liu Xiaobo, the renegade Chinese intellectual who kept vigil at Tiananmen Square in 1989 to protect protesters from encroaching soldiers, promoted a pro-democracy charter that brought him a lengthy prison sentence and was awarded the Nobel Peace Prize while locked away, died under guard in a hospital on Thursday. He was 61.
(Liu Xiaobo is pronounced approximately Lee-O shau-BO. Liu is his family name, Xiaobo his given name. The first syllable of Xiaobo rhymes with now.)
For the 50th anniversary of the Beatles' Yellow Submarine, the Apple Corporation is authorizing a comic book adaptation of the classic film with Titan Comics. The book is slated for release in 2018.
In a move that had been expected, Bertelsmann has increased its stake in Penguin Random House. After the deal is completed in September, Bertelsmann will have a 75% share of PRH with Pearson controlling the remaining 25%.
Spencer Johnson, a onetime physician and children's book author, whose best-selling books on business management, including "The One-Minute Manager" and "Who Moved My Cheese?," sold millions of copies and inspired a cult-like following, died July 3 at a hospital in Encinitas, Calif. He was 78.