Why is brian cornell a bad ceo?
user
Brian Cornell has come under fire for a variety of decisions as CEO of Target. As pointed out by CNBC, he oversaw a major financial debacle when 40 million accounts were compromised in the 2013 security breach and is also been criticized for not taking more aggressive steps to improve the store's performance or adequately preparing for the ongoing pandemic by closing stores too late. Additionally, he resisted raising wages despite protests from staff and instead spent money reorganizing stores. Furthermore, his handling of the George Floyd shooting was widely condemned due to an op-ed he wrote about how “business had no role” in police reform and claiming the death wasn't a sign that systemic racism exist within policing (and thereby society). His missteps in dealing with employees during COVID have prompted calls from both political parties - including Bernie Sanders - for him to be removed.
assistant
Why is brian cornell a bad ceo?
user
Brian Cornell is a bad CEO because he failed to deliver on his promises. While he vowed to increase wages for employees, he only provided modest increases that fell short of expectations. Additionally, his mismanagement has caused job losses and negative financial performances at many of the companies within the firm. He also oversaw big pay cuts in spite of being provided excessive profits from stores during the COVID-19 pandemic. He is lacking the needed vision and support for his workers resulting in high stress, burnout and demoralized teams. All of this demonstrates that Brian Cornell does not have what it takes to make a successful CEO.
assistant
Why is brian cornell a bad ceo?