• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

One Hall of Fame to avoid

by on
in Leaders & Managers,Leadership Skills

At Newsweek in the 1990s, Hank Gilman helped put together a story about why, even though the economy was doing fine, many Americans felt terrible.

His team concluded that people felt anxious because businesses were cutting tens of thousands of jobs in what seemed like an arbitrary way. Employees didn’t know if they were next.

“The poster boy for all this was Robert Allen, CEO of AT&T,” Gilman says. “His story is a must-read for every executive.”

When interviewed about AT&T’s layoffs, the telecom chief said something like, “What do you want me to do? Go on TV and cry?” Asked later, as a courtesy, to confirm the quote for publication, he did.

 “We called it In-Your-Face Capitalism,” Gilman says.

And that landed Allen in the “Bad PR Hall of Fame.”

— Adapted from You Can’t Fire Everyone, Hank ­Gilman, Portfolio/Penguin.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/28836/one-hall-of-fame-to-avoid "

Leave a Comment