Tag Archives: Sears

Dr Frankenstein Misunderstands His Own Monster

Depending how you define it, success sometimes isn’t. In the wake of a narrowly-defined success, you can easily overlook the seeds of failure caused by all the factors you left out to create your “success”. Dr Frankenstein “created” life – a success – but utterly failed to understand that having done that, he would then lose control of it. The Frankenstein story is generally taken to be a cautionary tale about radical scientific advance but could be equally informative concerning the dangers of blind hubris in other fields.

Take Eddie Lampert, Sears’ CEO as an example of the “success” of the Greed Is Good, Selfishness Is Better school of corporate philosophy. Living up to it has made him extremely rich. It has also utterly destroyed Sears. Continue reading