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(Business News Daily) Scary The ten scariest business blunders this year (so far) (slideshow)   (businessnewsdaily.com) divider line 29
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5746 clicks; posted to Business » on 01 Nov 2011 at 4:29 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



29 Comments   (+0 »)
   
 
Gig103 [TotalFark]
2011-11-01 02:44:09 AM
I don't think the Taco Bell thing counts as a blunder. It counts as defending their product against a shiatty law firm trying to get some press.
 
Cubansaltyballs [TotalFark]
2011-11-01 03:47:13 AM
Gig103: I don't think the Taco Bell thing counts as a blunder. It counts as defending their product against a shiatty law firm trying to get some press.

Well, their initial reaction was "Technically it can be called meat because it contains 72% meat along with other stuff ".

Their food isn't quality to begin with, so arguing over whether product is technically "meat" is not a smart move. It sort of reminds you of a Troy McClure commercial... Technically, we can call it meat!

If they want to compete with Chipotle, they have to offer better food and not be technically correct that their meat can indeed technically be called "meat".
 
DjangoStonereaver [TotalFark]
2011-11-01 05:13:37 AM
#11: Business websites put up stories in crappy slideshows.
 
korteks
2011-11-01 05:39:53 AM
I totally read it like "The ten scariest business plunders... "
 
dumbobruni
2011-11-01 06:04:52 AM
not sure why Target is on there, and why MF Global is not listed.
 
2and4
2011-11-01 06:30:52 AM
Netflix and BofA are good investments right now if you have patience and balls.
 
Uncle Wiggly [TotalFark]
2011-11-01 06:43:13 AM
I'm wary of any slidehow that begins with what looks like Macauly Culkin as a parade balloon.
 
CalvinMorallis
2011-11-01 06:56:25 AM
You know what? I'll take your slide show. I understand you need page views. But reload the whole page every slide, and make me scroll down every goddamn time I move on to the next entry? fark you.
 
stuhayes2010
2011-11-01 07:11:25 AM
Groupon not listed?
 
make me some tea [TotalFark]
2011-11-01 09:26:38 AM
I love how anti-government types put all of their faith in business to run things better. Corporate execs are no more competent than government bureaucrats, IMO. Six of one, half a dozen of the other. The main difference is that corp. execs have an incentive to screw over the little guys to increase profits whereas the bureaucrat doesn't have proper incentives to ensure that public money is spent wisely and in the best interest of the public. Different shades of the same problem?
 
Antimatter
2011-11-01 09:44:49 AM
Cubansaltyballs: Gig103: I don't think the Taco Bell thing counts as a blunder. It counts as defending their product against a shiatty law firm trying to get some press.

Well, their initial reaction was "Technically it can be called meat because it contains 72% meat along with other stuff ".

Their food isn't quality to begin with, so arguing over whether product is technically "meat" is not a smart move. It sort of reminds you of a Troy McClure commercial... Technically, we can call it meat!

If they want to compete with Chipotle, they have to offer better food and not be technically correct that their meat can indeed technically be called "meat".

Why would they compete with chipotle? Different styles of places really. Chipotle compete with folks like Freebirds.

TB's competitors are places like Taco Cabana or Taco Beauno.
 
walkingtall
2011-11-01 09:48:57 AM
love how anti-government types put all of their faith in business to run things better. Corporate execs are no more competent than government bureaucrats, IMO. Six of one, half a dozen of the other. The main difference is that corp. execs have an incentive to screw over the little guys to increase profits whereas the bureaucrat doesn't have proper incentives to ensure that public money is spent wisely and in the best interest of the public. Different shades of the same problem?

You forgot the most important part. The reason the Netflix pooch was screwed was because of an arrogant CEO who thought he could do whatever he wanted. The market corrected him. In govt the managers get the same power trips and there is ZERO accountability. There is no feedback or ability for anyone to do anything about govt power gone amuck. Elections dont affect dipshiat govt employees whose decisions affect millions and arent elected and there is no market to give feedback.
 
Omnivorous
2011-11-01 10:13:28 AM
walkingtall: There is no feedback or ability for anyone to do anything about govt power gone amuck.

Let me suggest some DAX futures for your portfolio this morning.

The Greek PM is getting some expensive feedback.
 
make me some tea [TotalFark]
2011-11-01 11:11:28 AM
walkingtall: Elections dont affect dipshiat govt employees whose decisions affect millions and arent elected and there is no market to give feedback.

How, exactly, do elections not hold sway over them?
 
neilio42
2011-11-01 11:53:50 AM
That was a lot of stupid. There were fillers, but many were not "business blunders". Do you really think that Harold Kamping missing his prediction was a "blunder". They made millions, and the numbnuts who donated will donate again in 5 years when the next prediction is made. We all think he's an ass for it, but we weren't going to give him money anyway. The Netflix move, while unpopular, is probably the correct business decision. We'll see in the next couple of years.
 
mcreadyblue
2011-11-01 12:57:39 PM
Antimatter: Cubansaltyballs: Gig103: I don't think the Taco Bell thing counts as a blunder. It counts as defending their product against a shiatty law firm trying to get some press.

Well, their initial reaction was "Technically it can be called meat because it contains 72% meat along with other stuff ".

Their food isn't quality to begin with, so arguing over whether product is technically "meat" is not a smart move. It sort of reminds you of a Troy McClure commercial... Technically, we can call it meat!

If they want to compete with Chipotle, they have to offer better food and not be technically correct that their meat can indeed technically be called "meat".

Why would they compete with chipotle? Different styles of places really. Chipotle compete with folks like Freebirds.

TB's competitors are places like Taco Cabana or Taco Beauno.

Taco Bell had to admit it doesn't actually cook it's own meat/taco stuffing, but buys it from Sysco.

/posted from my HP Touchpad
 
Gig103 [TotalFark]
2011-11-01 01:13:54 PM
Cubansaltyballs: If they want to compete with Chipotle, they have to offer better food and not be technically correct that their meat can indeed technically be called "meat".

I don't think Taco Bell even pretends to compete with Chipotle. $8 for a burrito, or $1.99, you know what you're getting. They compete with Del Taco, and I'm on the fence on which is the lesser of the two evils.
 
Knara
2011-11-01 01:34:47 PM
Cubansaltyballs: If they want to compete with Chipotle, they have to offer better food and not be technically correct that their meat can indeed technically be called "meat".

Taco Bell does not compete with Chipotle, they compete with McDonalds, Arby's, A&W, etc etc.
 
Loki-L
2011-11-01 01:39:04 PM
Only one of the blunders on the list was HP, I would have thought that during the last year they would have accumulated enough blunders to crowd out most competitors of the list. Perhaps they only allowed one blunder per company or something.
 
tillerman35
2011-11-01 03:03:18 PM
What about Microsoft's decision to develop what it calls the Metro "UI" (It's really just another browser plug-in, for a browser that only ones on one operating system and doesn't allow any other plug-ins) and turn its developers' deployment model into an "app store" with walled garden paradigm?

Windows 8 hasn't hit the stree yet, but I betcha when it does we'll look back and say "told ya it would tank!!"
 
Geotpf
2011-11-01 03:37:55 PM
walkingtall: love how anti-government types put all of their faith in business to run things better. Corporate execs are no more competent than government bureaucrats, IMO. Six of one, half a dozen of the other. The main difference is that corp. execs have an incentive to screw over the little guys to increase profits whereas the bureaucrat doesn't have proper incentives to ensure that public money is spent wisely and in the best interest of the public. Different shades of the same problem?

You forgot the most important part. The reason the Netflix pooch was screwed was because of an arrogant CEO who thought he could do whatever he wanted. The market corrected him. In govt the managers get the same power trips and there is ZERO accountability. There is no feedback or ability for anyone to do anything about govt power gone amuck. Elections dont affect dipshiat govt employees whose decisions affect millions and arent elected and there is no market to give feedback.

Yes, there is accountability in government. Ever hear of voting?
 
cefm
2011-11-01 05:10:00 PM
Target's shortage of its "limited" release of Missoni gear wasn't a blunder - it was a success of monumental proportions. They sold out (kind of the definition of success), and repositioned themselves in the minds of every consumer as a company that has stuff you REALLY WANT as opposed to just more run of the mill junk.
 
Knara
2011-11-01 06:33:11 PM
tillerman35: What about Microsoft's decision to develop what it calls the Metro "UI" (It's really just another browser plug-in, for a browser that only ones on one operating system and doesn't allow any other plug-ins) and turn its developers' deployment model into an "app store" with walled garden paradigm?

Windows 8 has a full desktop environment included with it.
 
MrEricSir
2011-11-01 06:33:37 PM
How is Yahoo firing their CEO by phone a "blunder"? The only blunder is they gave her a golden parachute and didn't kick her stupid ass out after day 1.
 
meyerkev
2011-11-01 06:39:02 PM
Geotpf: walkingtall: love how anti-government types put all of their faith in business to run things better. Corporate execs are no more competent than government bureaucrats, IMO. Six of one, half a dozen of the other. The main difference is that corp. execs have an incentive to screw over the little guys to increase profits whereas the bureaucrat doesn't have proper incentives to ensure that public money is spent wisely and in the best interest of the public. Different shades of the same problem?

You forgot the most important part. The reason the Netflix pooch was screwed was because of an arrogant CEO who thought he could do whatever he wanted. The market corrected him. In govt the managers get the same power trips and there is ZERO accountability. There is no feedback or ability for anyone to do anything about govt power gone amuck. Elections dont affect dipshiat govt employees whose decisions affect millions and arent elected and there is no market to give feedback.

Yes, there is accountability in government. Ever hear of voting?

1) Not all positions are voted in. In fact, most aren't.

2) There's a big difference between "Hi. You did X which I didn't like. I'm taking my money today and walking over there to your competitor." and "Hi. You did X, which I didn't like. In a few years, when your term is up, if I still care about X or even remember that X happened, I may vote for your competitor. Of course, since he has a bunch of X of his own, I might not depending on whose pile of X I dislike more."
 
HempHead
2011-11-01 07:41:20 PM
Knara: tillerman35: What about Microsoft's decision to develop what it calls the Metro "UI" (It's really just another browser plug-in, for a browser that only ones on one operating system and doesn't allow any other plug-ins) and turn its developers' deployment model into an "app store" with walled garden paradigm?

Windows 8 has a full desktop environment included with it.

Also, you can install any Win 7 program that you want.
 
DrPainMD
2011-11-02 03:01:27 AM
Wow. Glad I sold my Netflix stock.
 
Hardy-r-r
2011-11-02 05:50:35 AM
Uncle Wiggly: I'm wary of any slidehow that begins with what looks like Macauly Culkin as a parade balloon.

lol
 
SnatchTease
2011-11-02 03:08:00 PM
HBGary vs Anonymous is really #1.

/lulz
 
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