Standout Stories

10 management behaviors to avoid… Admittedly, when one reflects on the most significant bad management behavior, thoughts of Enron, WorldCom, and Tyco come to mind. And rightfully so: that list is full of criminal behavior that should absolutely be avoided. But there is another list of very undesirable managerial actions that don’t attract news coverage. And those undesirable activities occur every day across corporate America.

Despite the best of intentions, many companies unwittingly foster a variety of planning, decision making, and performance management blunders. The collective result of these errors is a drag on corporate performance, shareholder returns, and, indeed, the overall economy. Read article.

Headlines

Marketplace Landing ‘Untested’: Treasury

How will online lenders fare in an adverse credit environment? More transparency on loans and securitization markets is needed, says Treasury.

Top 10 Bad Management Behaviors

Many companies’ processes for planning, decision making, and performance management encourage undesirable behavior by managers.

Wal-Mart Sues Visa Over Chip Card Verification

The retailer says Visa is encouraging fraud by requiring it to allow customers to verify transactions with a signature rather than a PIN.

Staples, Office Depot Stocks Dive on Merger Demise

The two office supply giants scuttled their proposed $6.3 billion merger after a judge said regulators had shown it would be anticompetitive.

Macy’s Earning’s Drop 40% on Sluggish Sales

The retailer’s “old-fashioned brands are not what millenials want,” one analyst says as its same-store sales fall 6.1% in the first quarter.

Gap’s Credit Rating Downgrading to Junk

Fitch Ratings expresses doubts about Gap’s cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.

Dean Foods Scoops Up Friendly’s Ice Cream

The milk producer is boosting its presence in branded ice cream as it faces weak sales of its core fluid milk brands.

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