> Yeah, they'll talk a good game on taking risks, but when it comes down to it people who took risks that failed tend to not be at Intel and other employees see that and think that maybe they need to play it safe.
I worked at Sears corporate when Amazon was getting big, about 25 years ago.
Always made me chuckle when armchair quarterbacks on TV would wonder why Sears couldn't do what Amazon did.
Bezos took tremendous risks in the late 90s and early 00s, while Sears was trying to figure out how to wring a few more pennies out of their stores. Sears Corporate was 110% focused on taking the existing business and maximizing profits, not on innovation of any kind whatsoever.
I worked at Sears corporate when Amazon was getting big, about 25 years ago.
Always made me chuckle when armchair quarterbacks on TV would wonder why Sears couldn't do what Amazon did.
Bezos took tremendous risks in the late 90s and early 00s, while Sears was trying to figure out how to wring a few more pennies out of their stores. Sears Corporate was 110% focused on taking the existing business and maximizing profits, not on innovation of any kind whatsoever.