<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
why was ralph lauren a bad ceo?
<|assistant|>
Ralph Lauren was a bad CEO because he lacked technical knowledge and struggled to adapt to the changing market conditions. His lack of innovation and inability to properly manage the company’s finances resulted in a decline in his shareholders’ values. Additionally, he often made rash decisions that created turmoil among his colleagues and shareholders. His autocratic leadership style was also highly criticized as he didn’t consult others before making key decisions.