Last visit was: 22 Apr 2026, 00:47 It is currently 22 Apr 2026, 00:47
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
refurb
User avatar
Current Student
Joined: 28 Feb 2008
Last visit: 30 Oct 2013
Posts: 1,321
Own Kudos:
Given Kudos: 6
Schools:Tuck
Posts: 1,321
Kudos: 161
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
jb32
Joined: 20 Feb 2008
Last visit: 06 Jun 2010
Posts: 773
Own Kudos:
Given Kudos: 9
Location: Texas
Concentration: Finance
Schools:Kellogg Class of 2011
Posts: 773
Kudos: 155
Kudos
Add Kudos
Bookmarks
Bookmark this Post
That guy really understands business and specifically leadership. I'm impressed.
User avatar
isa
User avatar
Current Student
Joined: 04 Dec 2007
Last visit: 21 Jan 2010
Posts: 1,687
Own Kudos:
Given Kudos: 31
Concentration: Healthcare, Strategy, MC
Schools:Kellogg '11
Posts: 1,687
Kudos: 224
Kudos
Add Kudos
Bookmarks
Bookmark this Post
interesting read!
User avatar
Rubashov1
Joined: 14 Sep 2007
Last visit: 29 Sep 2016
Posts: 864
Own Kudos:
Given Kudos: 15
Schools:Kellogg '10
Posts: 864
Kudos: 107
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Good interview. Thanks for posting it.

Odd that he grew up a Mennonite.
User avatar
riverripper
User avatar
Major Poster
Joined: 10 Apr 2007
Last visit: 20 Aug 2022
Posts: 4,306
Own Kudos:
Given Kudos: 5
Location: Back in Chicago, IL
Concentration: General/Operations Management
Schools:Kellogg Alum: Class of 2010
GMAT 1: 740 Q49 V42
Posts: 4,306
Kudos: 806
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Nothign about the school but I have a complete hatred for Urban Outfitters. They totally steal designs from boutique designers...I have a friend who has a rather popular high end t-shirt company and they wanted to carry his stuff...they sought him out to try to get a deal but gave him insanely low margins claiming volume would make up for it. He wanted to stay exclusive instead of become a mass product and wanted higher prices since he had contracts with other shops and would be unfair to undercut. Basically he would make the same selling 1/4 of the stuff but at his normal prices but they said no...a few months later go into an Urban Outfitters and there were several designs almost the exact shirts they wanted to buy from him including total rip off of trademarked images.

I haven't talked to him in a while but he was in the process of suing them, and he is just one of many people they have done this too. I have heard the same thing from other friends who work as designers...Urban Outfitters is like a horrible hipster version hot topic.
User avatar
DK
Joined: 21 Feb 2009
Last visit: 26 Mar 2009
Posts: 76
Own Kudos:
Posts: 76
Kudos: 7
Kudos
Add Kudos
Bookmarks
Bookmark this Post
I think Quizno's is in the gutter, and Brenemann stepped down as CEO last Fall to focus full time on CCMP.

Regardless, his turnaround of Continental Airlines was legendary (and it was really what propelled Texas Pacific Group to the next level), as was the sale of PwC Consulting to IBM. He's definitely someone you would write a case study about.

Maybe a bit cliche, but I really loved this quote:

But I remember something that Mitt Romney told me at Bain. He said: “Greg, in any interaction, you either gain share or lose share. So treat every interaction as kind of a precious moment in time.” And I’ve always remembered that, because I think it’s really true. So what I’ve tried to do is have more conversations where I’m gaining share than losing share, to try to add value to everything.
User avatar
jb32
Joined: 20 Feb 2008
Last visit: 06 Jun 2010
Posts: 773
Own Kudos:
Given Kudos: 9
Location: Texas
Concentration: Finance
Schools:Kellogg Class of 2011
Posts: 773
Kudos: 155
Kudos
Add Kudos
Bookmarks
Bookmark this Post
DK
I think Quizno's is in the gutter, and Brenemann stepped down as CEO last Fall to focus full time on CCMP.
I believe CCMP Capital, originally owned by JP Morgan Partners was an investor in Quizno's as was Gary's own company TurnWorks. Gary stepped down as CEO in Aug. 2008 to become both Chairman of Quizno's and Chairman of CCMP.
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
CEO Series #3 - Anne Mulcahy: The Keeper of That Tapping Pen

This interview with Anne Mulcahy, chairwoman and chief executive of the Xerox Corporation, was conducted, condensed and edited by Adam Bryant.

https://www.nytimes.com/2009/03/22/busin ... ss&emc=rss

CEO Series #4 - Maureen Beal: Family Vision
https://www.nytimes.com/2009/03/22/busin ... ss&emc=rss
User avatar
prashok
User avatar
Current Student
Joined: 31 Jul 2008
Last visit: 01 Jan 2012
Posts: 369
Own Kudos:
Given Kudos: 3
Location: London UK
Schools:LBS '11
Posts: 369
Kudos: 23
Kudos
Add Kudos
Bookmarks
Bookmark this Post
riverripper
Nothign about the school but I have a complete hatred for Urban Outfitters. They totally steal designs from boutique designers...I have a friend who has a rather popular high end t-shirt company and they wanted to carry his stuff...they sought him out to try to get a deal but gave him insanely low margins claiming volume would make up for it. He wanted to stay exclusive instead of become a mass product and wanted higher prices since he had contracts with other shops and would be unfair to undercut. Basically he would make the same selling 1/4 of the stuff but at his normal prices but they said no...a few months later go into an Urban Outfitters and there were several designs almost the exact shirts they wanted to buy from him including total rip off of trademarked images.

I haven't talked to him in a while but he was in the process of suing them, and he is just one of many people they have done this too. I have heard the same thing from other friends who work as designers...Urban Outfitters is like a horrible hipster version hot topic.

Yeah, I remember reading about a few other stories like that of your friend's, at this website:

https://www.urbancounterfeiters.com/
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
7 Reasons CEOs Fail



Is executive retention a problem one might ask? From our own experiences in search, we felt it was. Educators and consultants alike have taken a more objective and statistically relevant approach to outlining the problem. A 2001 study of executive failure done by Executive Search Information Exchange pegged the average failure rate for recruited executives in their first year at between 40% and 50%. More recently Michael Watkins,a recognized thought leader in executive leadership and author of The First 90 Days, has revealed from his research that a staggering 58% of new executives hired from the outside fail in their new position within 18 months.

https://blog.bostonsearchgroup.com/7-reasons-ceos-fail/
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Caterpillar, the World Tour




JIM OWENS

Chief executive, Caterpillar, Peoria, Ill.

AGE 63

HOMETOWN Elizabeth City, N.C.

HEROES Nelson Mandela and Milton Friedman


https://www.nytimes.com/2009/03/29/jobs/ ... l?ref=jobs
User avatar
nink
Joined: 07 Nov 2008
Last visit: 05 Jun 2014
Posts: 2,395
Own Kudos:
Given Kudos: 548
Status:Burning mid-night oil....daily
Schools:Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Products:
GMAT 1: 770 Q44 V50
Posts: 2,395
Kudos: 782
Kudos
Add Kudos
Bookmarks
Bookmark this Post
There’s No Need to Bat .900

This interview of John Donahoe, president and chief executive of eBay.

https://www.nytimes.com/2009/04/05/busin ... ss&emc=rss

Quote:
Interestingly, when I became C.E.O. of Bain, I used to get a performance review where my assessment committee would interview 40 partners in half-hour interviews, and I’d get a performance review that was 20 pages thick. Everything I could possibly do better was included in that.

In many ways it was liberating, because I realized feedback’s a gift and I wasn’t afraid of the feedback. I’d look at it — and a third of it, I said: “You know, that’s exactly right. This is going to be a long-term area I’m going to have to get better and better at, and I want to make progress next year, and it will still be an issue that year.”

It’s kind of a lifelong journey. About a third of it was: “Oh, wow, I didn’t realize I was doing that and need to stop doing it, or someone wanted me to be doing something else that I agreed with.” And then a third of it, I said: “You know what? Thanks for the feedback. I’m going to ignore it. I’m going to keep doing what I want to do.”
Moderators:
Math Expert
109740 posts
GMAT Tutor
1921 posts