Today I was reading a lot of stories about Best Buy and how apparently they have been having a lot of trouble financially due to a changing market such as people buying things online and general management issues. The news story interested me more as I actually worked in company a few years back and even had shares in the business.
Even though from a corporate point of view or ladder I was pretty much an unknown I still remember the times such as the store I was involved with did literally over 2500% more sales than the other top stores during various key launches mostly due to the management’s ability to allow a person like myself to take full charge as to how to market and sell the items.
Of course that number definitely turned heads. Afterwards I was actually motivated in wanting to contribute in different ways such as getting more into the corporate decisions such as taking advantage of the social media scene as at the time there wasn’t really many companies in that industry that did it. That was actually one of my keys to success to as I took a lot of pride in what I did and constantly scoured various places on the Internet to see what people were saying about the store. However, it appeared though that they went more for the trust the guys on the board table direction as opposed to the people that were knowledgeable and passionate about products and of course people like myself felt that there was nothing to grow into anymore which meant parting ways.
Looking back it really makes me wonder what simple choices like those would have done for the business. In some ways it reminded me of like the “old timers” basically swaying off the “young generation” where the new way of doing things sounds crazy. Never just sway off ideas just because you don’t understand it yourself I guess is what I would say in that scenario. I think the Netflix and Blockbuster story is a good example of that. Sure is weird though seeing a company where at the time you were with was so big just to now read it is struggling.