Leadership is more often defined by action not words. Scott always spoke well, no doubt about that. Todays leadership lesson: leave just when the TCOT "family" needs support and leadership the most. This single act will define his legacy at TCOT.
I really don't care about the car, what I do care is about leadership. When Ken stands in front of me and says we are going to a new car program to save money and improve our branding by putting logos on all the sales cars I believed that was a good idea. Then he gets a expensive black car...
So let me understand this you want the officers that run the company at a 1% profit to take out a $30 million or so loan out to buy the hendricksen shares? Due the math, no bank would ever do that deal. The corperate overhead is 400k+ a month, that is how Davey pays off the loan they will need...
If a company only makes a 1% profit every year like TCOT how does anyone who has stock get paid out? The CFO ad CEO have the responsibilty to make the company profitable. They created such a overhead that there was not enough cash left to buy Hendricksen out. What is he supposed to do, give...