/// One Man’s Opinion Why Groupon’s Andrew Mason Is as Bad a CEO as Mark Hurd [eMoney]
There’s not just one reason, but six billion reasons why Groupon’s Andrew Mason is as bad as the scandalous Mark Hurd, by at least one academic’s assessment. That’s gotta hurd, I mean hurt. Sydney Finkelstein, a business professor at Dartmouth, appeared on NPR last week to discuss “The Worst CEOs of 2010,” and Mason rose to the top, along with BP’s Tony Hayward and HP’s Mark Hurd, both of whom lost their jobs. Apparently, now that we are post-Gooponocalypse, or whatever you want to call it, the 30-year-old’s management skills are trading at a discount (and as the CEO of a company that negotiates steep price reductions on behalf of its customers, that seems somehow fitting). It’s up to you how much weight you want to put in this comparison, which puts the leader of one of the hottest Internet start-ups on par with Hayward, who was heading up BP at the time of the Gulf oil spill, and Hurd, who resigned after having a relationship with a marketing consultant and is subject to a SEC investigation. But hey, maybe it’s worth repeating since Finkelstein’s specializes in determining “why smart executives fail” and identifying “early warning signs for corporate disasters.” At least, that’s what his resume says .
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One Man’s Opinion Why Groupon’s Andrew Mason Is as Bad a CEO as Mark Hurd [eMoney]