Home Depot's Arthur Blank on the importance of keeping experienced workers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Home Depot founder Arthur Blank says pushing out full-time workers to cut labor costs will backfire on retailers – a lesson the home improvement giant learned the hard way

"Customers don't walk up to an associate and ask, 'Are you full or part time?'" Arthur Blank told Business Insider.This story is available exclusively to Business Insider subscribers.Pushing out experienced full-time employees can both cut costs and still be a disastrous call for retailers, according to Home Depot founder Arthur Blank.

"Customers don't walk up to an associate and ask, 'Are you full or part time?'" Blank told Business Insider. More than two decades after he founded the home improvement retailer with Bernie Marcus, Home Depot's board of directors booted Blank from the company in February 2001. Blank had served as Home Depot's CEO since 1997, and was actively looking for a successor when he was informed that his "part in the Home Depot story was abruptly over."

"Senior executives at the Home Depot told me that Nardelli was firing our full-time associates and hiring a bunch of part-time people instead," he wrote."Our customers were looking for expert guidance, not a jar of pickles," he added. According to Blank, Nardelli also usurped Home Depot's culture by installing human resources departments in stores and emphasizing educational requirements for management roles.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Cost cutting can be applied in lots of spaces without affecting employees. Most corporations choose the easy option, Employees. INFOAFRICGROUP we provide a comprehensive approach to cost savings. Contact us teboinfo-africgroup.co.za or 0817993861

Judge T. S. Ellis III, U.S. EDVA, intentionally and deceitfully lied and misrepresented facts and law to advocate for USPTO to conceal its racial discrimination and retaliation. Royal v Lee, 1:17-cv-261. Judge Ellis acted to eviscerate Title VII, render it toothless

jeden wygląda jak bill gates heheh wywalili go z microsoftu i smaży frytki

It’ll cause a riot lol

been thinking about investing into these guys

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Arthur Blank talks about founding Home Depot in new book 'Good Company' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Haha. People pay to read this? Wow.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider's biggest advertising and media stories for August 31 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Huge Data Harvesting Great proposition. Would love to see a real Amazon competitor. Whilst I don’t use Tik Tok, there’s no denying it’s monetisation potential.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Empty corporate statements don't help fix racial inequality, but workers unionizing can - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. AnthonyMDiMauro AnthonyMDiMauro Maybe it will, but I work in a union that is sitting idly by while our company is slowly dismantling a union shop in favor of a newly acquired non-union location. So, maybe it won't.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

CVS told staff to hide worker COVID-19 cases from patients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😳 Uh ohhhh 📉 👀
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »