So last week the MattHunt.co Blog officially turned six months old and I wanted to offer a quick thank you to everyone for your support and encouragement along the way. It will be a busy next few weeks in January with a couple of events and a slight redesign to the blog (there will be more details coming shortly).
So I thought I would take a break on this post from my usual topics of failure or innovation and instead focus on a lesson in leadership and philosophy. Last week Alan Wurtzel wrote an insightful post titled “What Circuit City Learned about Valuing Employees” for the HBR Blog. The article describes how important it is to respect your employees and give them the opportunity to grow. For the first 50 years this was a core value at Circuit City but by 2000 the company’s executives had all but eviscerated that belief and by the end of 2009 Circuit City was gone. As I read this article I kept thinking that these were some very important lessons to be learned for every retailer, especially Circuit City’s last remaining true competitor, Best Buy.
Receive periodic email updates from Matt Hunt including his published pieces, updates on his progress, and more!