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Print 37 comment(s) - last by OCDtech.. on Mar 11 at 11:51 AM

Best Buy's CEO wants "all hands on deck"

Following in Yahoo's footsteps, Best Buy will no longer allow corporate employees to partake in company telecommuting.

Best Buy launched the ROWE program in 2005, which stands for Results Only Work Environment. This meant that corporate employees were only evaluated on performance rather than time worked or attendance to the Richfield headquarters. This program didn't apply to store employees.

However, Best Buy CEO Hubert Joly has decided to end the ROWE program and start bringing corporate employees into the office. He's doing this because Best Buy has been in a rut lately, and bringing employees into the office encourages collaboration and increased innovation.

“It makes sense to consider not just what the results are but how the work gets done,” said Best Buy spokesman Matt Furman. “Bottom line, it’s ‘all hands on deck’ at Best Buy and that means having employees in the office as much as possible to collaborate and connect on ways to improve our business.”

Just last week, Best Buy laid off 400 corporate employees in an effort to save $150 million. The company also axed thousands of jobs last year in an effort to stay afloat financially during times where e-tailers like Amazon were taking over retail with cheaper prices and faster shipping.

Yahoo CEO Marissa Mayer started the "end telecommuting" trend last month when she pulled that privilege from the search company's telecommuters. She said speed and quality are sacrificed when employees work from home. In fact, an internal Yahoo email read the following:

"To become the absolute best place to work, communication and collaboration will be important, so we need to be working side-by-side. That is why it is critical that we are all present in our offices. Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people, and impromptu team meetings. Speed and quality are often sacrificed when we work from home. We need to be one Yahoo!, and that starts with physically being together."

Source: Star Tribune



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RE: :p
By Motoman on 3/6/2013 8:35:38 PM , Rating: 2
The problem with "price match" is that they'll insist it be the exact same item - not an equivalent item.

For example, you can get a 15 foot USB extension cable online for $1.89:
http://www.monoprice.com/products/product.asp?c_id...

In a BBY store, you can get a "Rocketfish" 12 foot USB extension cable for only $35:
http://www.bestbuy.com/site/Rocketfish%26%23153%3B...

If you've got a brain in your head, you realize that a USB cable is a USB cable...the name on the package is less than irrelevant. But unless you're looking at that same exact Rocketfish SKU, you're going to go nowhere.

Same thing applies to any other product...and note that even on items that you *think* are the same, they'll have different SKUs. So you might find a Seagate 1Tb hard drive on Amazon.com for, say, $50 - and you see a 1Tb Seagate hard drive in a BBY store for $100. The specs might be all exactly the same, but the SKUs won't match...therefore, eff you.

I am completely unimpressed by "price matching" - there's way too many outs for the retailer. I view it about on the same level as mail-in rebates.


RE: :p
By ssobol on 3/6/2013 10:17:23 PM , Rating: 3
If a company orders enough units manufacturers will even give them unique model numbers on TVs, computers, and other electronics. Therefore you can identical devices with different model numbers and SKUs.

Mattress companies have been doing it forever. Try to find a exact matching mattress at two competing mattress sellers.


RE: :p
By Motoman on 3/6/2013 10:58:29 PM , Rating: 2
Exactly. Although, apparently some people really don't get it, as currently someone's rated down my comment you replied to. Anybody honestly think that's not the way it works?

You go on and try to get a price match on 2 identical items that have SKUs/UPCs/model numbers off by one digit and see where that gets you.


RE: :p
By Reclaimer77 on 3/7/2013 12:10:29 AM , Rating: 1
Well the facts don't seem to support this Moto. The price matching policy lead to a clear increase in Best Buy profits. So obviously people were able to match items without too much difficulty.

http://www.nasdaq.com/article/best-buys-price-matc...


RE: :p
By OCDtech on 3/11/2013 11:51:01 AM , Rating: 2
Add to that, after a visit to the BB store for an item, like a hard drive, everyone else is selling $55-$60 to discover $129.99 on the price tag and while your trying to pick your jaw up off the floor a BB "customer service" rep approaches you by starting off with a comment about the "excellent value" that product offers you stop questioning the company's prices and start questioning their moral integrity.


"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997

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