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Old February 21st 06, 04:24 AM posted to rec.radio.amateur.equipment
jawod
 
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Default FYI: Radio Schack to close up to 700 stores

Percival P. Cassidy wrote:
On 02/20/06 02:56 am Richard Crowley wrote:

Guess I'm aging myself. This was back in 1983-1986. LOL



Yes, that was back when they had BOTH...
1) Good help (folk who knew a resistor from their elbow)
2) Actual corporate cognizance of what the electronics
business is. In the last few years, it seems to me that the
management in Texas doesn't know (or care) whether
they are in the electronics business, or selling fried
chicken or furniture.



US companies (*perhaps* companies in other countries too, but probably
to a lesser extent) don't care whether their CEOs know anything about
their particular products or services. Someone can go from a fast-food
co. to a computer co., to an automobile manufacturer, to a health-care
corporation, all the while knowing very little about the specifics of
the industry and getting a salary and benefits many times (hundreds of
times?) more than the CEO of a European company who actually has a
degree in electrical engineering or whatever is relevant to the
company's products.

"Perce"
(aka Alan NV8A)

Apparently in Radio Shack's case, they don't even care whether their
CEO's even went to college. The just-fired CEO lied on his
resume...instead of the standard MBA, he received a ThG (whatever that
is) after 3 years in some institution.

A theology degree.

Say hallelujah!

john