yep... sums it up here..
"Pretty simple thesis really – it was the chief executive Nick Abboud's lack of skill that was to blame. I just don't think he was the right person. It was an issue of competency, not one of dishonesty or deceit."
http://www.smh.com.au/business/retail/who-built-dick-smiths-house-of-cards-20160909-grcolb.html