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Snarkoleptic

(5,997 posts)
Fri May 19, 2017, 08:42 AM May 2017

Would You Let Trump Run Your Company?

Interesting thought experiment to run on Trump supporters who remain in your orbit. I still have a few and they're relatives.

https://www.bloomberg.com/news/articles/2017-05-18/would-you-let-trump-run-your-company

The Comey fracas is the latest in a long list of apparent transgressions for which a normal CEO might lose his job. In the last week, Trump stood accused of having passed on intelligence secrets to the Russians. Any business chief who invited a competitor into the boardroom and then disclosed sensitive information would be in peril. (Klaus Kleinfeld lost his job at Arconic Inc. merely because he wrote an unauthorized stroppy letter to a truculent shareholder.) Appointing inexperienced relatives to important positions is not normally seen as good corporate governance. Jes Staley is currently in trouble at Barclays Plc just for allegedly protecting a friend. The White House was made aware that Flynn had lied to the vice president on Jan. 26, but he didn’t hand in his resignation to Trump until Feb. 13. Any board would want an explanation for that delay. Finally, any CEO who says something that is manifestly untrue in public or on his résumé is in hot water. Those who refuse to correct themselves quickly and satisfactorily often have to go—as happened to the bosses at Yahoo! Inc. and RadioShack.

Behind this list of individual transgressions sit four larger failings: This CEO-in-chief has failed to get things done; he has failed to build a strong team, especially in domestic policy; he hasn’t dealt with conflicts of interest; and his communications is in shambles.

It’s harder to achieve things in politics than in business, as many businesspeople-turned-politicians (including the owner of this magazine) will attest. But Trump’s record of achievement would make any corporate compensation committee cringe. Despite his party controlling both the Senate and the House, health care is stuck: Trump seems to have made the elementary CEO mistake of wanting to get rid of something without having any idea of what to replace it with. Tax reform, another signature theme, currently fills a single piece of paper. If any chief executive had shown that to his board, the members would have assumed it was an April Fools’ Day prank. The details of his great promise to build $1 trillion of infrastructure have yet to be delivered to Congress. He has issued a string of executive orders, but some of them, notably on restricting immigration, have been so poorly crafted the courts have blocked them.


On the "This CEO-in-chief has failed to get things done; he has failed to build a strong team, especially in domestic policy; he hasn’t dealt with conflicts of interest; and his communications is in shambles." comment, this was because, even on election day, he did not believe he'd win.
8 replies = new reply since forum marked as read
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Would You Let Trump Run Your Company? (Original Post) Snarkoleptic May 2017 OP
Only if I was in the hole digging business underpants May 2017 #1
To pay off his Russian debt he just had to disrupt things during the election Dustlawyer May 2017 #2
I wouldn't let him run my washing machine..n/t monmouth4 May 2017 #3
I don't believe he's suited to run a faucet. Snarkoleptic May 2017 #4
Oh yes, someone was hired to turn off faucets, etc...LOL..n/t monmouth4 May 2017 #5
He's the snotty paperboy who may or may not deliver your paper. Buns_of_Fire May 2017 #6
HELL NO BigDemVoter May 2017 #7
Trump is not fit to run a 7-Eleven dalton99a May 2017 #8

Dustlawyer

(10,494 posts)
2. To pay off his Russian debt he just had to disrupt things during the election
Fri May 19, 2017, 08:50 AM
May 2017

and sew controversy, divide the country and fire up racists.

Snarkoleptic

(5,997 posts)
4. I don't believe he's suited to run a faucet.
Fri May 19, 2017, 11:43 AM
May 2017

He's the sort of guy who leaves the faucet running after washing his hands.

Buns_of_Fire

(17,158 posts)
6. He's the snotty paperboy who may or may not deliver your paper.
Fri May 19, 2017, 03:23 PM
May 2017

Daddy bought him his bike and owns the newspaper, so what does he care?

But he's good at selling two or three subscriptions (even if the second and third are only so he won't set fire to your cat).

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