* Posts by Superba Frango

2 posts • joined 8 May 2013

HP PC boss quits tech for fur baby future

Superba Frango

Not sure it is a great fit for either

For Petco, which is retail which lives an dies with execution (logistics costs, inventory, etc) you just hired a Marketing guy who I think has a limited experience with operational details. The Board better insist that Ron goes out and hires a very strong Ops guy ASAP (not having a person with any Ops experience is almost what did in HP 15 years ago. Carly was a marketing self-promoter who never even bothered to hire a COO while Dell had 2 in addition to a CEO who was an Ops guy at heart, and the results were bloated costs and inefficiencies while she was running around looking for photo-ops.).

For Ron, you just joined what looks like another "Category Killer Megastore" which are getting slaughtered by Online and Mega-retailers like WM. Is Petco going to be the next "Sports Authority" or "Toys R Us?". As a guy who owns 4 dogs, I can tell you the only time I go into a Petco is to get my dogs nails trimmed occasionally? Dog Food?...Costco. Dog treats or medicine sort of stuff?...Amazon. I think mega-pet stores are on the "headed for extinction" list at this point. And how exciting is it going to be to get in front of a crowd and not talk about the lastest tech, but rather pretend how excited you are to start carrying the latest Kong chew toys?

Tech firm CEOs more restrained than most at limiting personal pay

Superba Frango

Ratio is understated

You have to keep in mind that most electronics companies like Oracle have outsourced a significant portion of the manpower used to bring their product to market, and therefore artificially have raised the rate of "average worker salary". 30 years ago, it was company badged people who built the thing, manned the phones, and cleaned the toilets. Now all of these have been "outsourced" to low cost regions (China for the manufacturing, India for the call centers) or US based outsourcing firms (janitorial firms, security firms, etc.). So these are no longer "worker salaries" for the company...they are Cost of Good sold, G&A, etc. So figure in the $2K a year line worker, the $6K a year call center person, the $28K a year janitor and see what the ratios are now!

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