A Look at Al Dunlap


	A Look at Al Dunlap

questionsall

5-1-2009 12:47 PM

101 views

questionsall says:

I remember Wall Street's idolization of Chainsaw Al. Now I'm glad his destructiveness is recognized by business types.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0d3618ad-baa0-4712-b0d8-c31168ad3a55/C6D47E2B-DEBE-4537-9E97-1B97163D06FC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://findarticles.com/p/articles/mi_m1316/is_11_31/ai_57625666/" href="http://findarticles.com/p/articles/mi_m1316/is_11_31/ai_57625666/" style="font-size: 11px;">findarticles.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://findarticles.com/p/articles/mi_m1316/is_11_31/ai_57625666/"><H1>CHAINSAW: The Notorious Career of Al Dunlap in the Era of Profit at Any Price.  - Review - book reviews</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://findarticles.com/p/articles/mi_m1316/is_11_31/ai_57625666/"><P>  Byrne does an excellent job of chronicling the human torment resulting from these plant closures, where experienced and efficient lifetime employees of Sunbeam were suddenly thrown onto the unemployment rolls. He also shows that many of the closure decisions were completely irrational from a business point of view. Profitable facilities were shut down and the costs incurred from production shifts could not be recouped in the foreseeable future. But Dunlap was determined to impress Wall Street with record jobs cuts, and he refused to listen to cautionary warnings.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://findarticles.com/p/articles/mi_m1316/is_11_31/ai_57625666/">When his year was up, the consequences of his cost-cutting for the company's medium-to-long-term health quickly became apparent. Production snafus were commonplace. Buyers were over-stocked with inventory, because Sunbeam sellers had inflated sales by offering deep discounts. Product quality slipped.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C6D47E2B-DEBE-4537-9E97-1B97163D06FC/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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