WOW 0.09% $32.98 woolworths group limited

"CEO's performance does not impact WOW business mode...

  1. 5,438 Posts.
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    "CEO's performance does not impact WOW business mode significantly, WOW runs with or without CEO"

    This is not true, a good CEO is very important to a business...they are like a company strategist, they direct
    and guide the troops where to go, what to acquire and work out strategy to deal with competitions.

    When Roger Corbett Join WOW, WOW is a dog, he turn it around and took it to the top.

    When Coles run buy John Fletchers it was a dog of a business
    When Richard Goyder Took on Coles, it kicking ass, Goyder

    doesnt run Coles but like I said he's a strategist, he employ the right people to run it and have process in place to out do its rival.

    Here are a few more example...
    Oroton was a dog of a business until Sally MacDonald comes a long.. she turn from a loss making business to a power house in luxury goods and increase profit, margin unlike any of her rival.

    When Jack Weld becomes General Electric CEO ...it was an inefficient machine with $26B in revenue.

    by the time Jack left GE, it has a revenue of $130B and an efficient work force ....

 
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