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    (April 17, 2002) - Apparently, when we actually print the name of F****ed Company, some of the filtering systems in some companies refuse access to the site. Although the language can be nasty enough to trigger the filters, the site is a treasure trove of the downside of market intelligence. If you want unverified dirt, this is the place. Where else but in HR would filtering mechanisms that prevent the gathering of useful information be invoked?

    So, let us be clear. If you are easily offended or if some idiot in your organization is tracking signs of pornography in web usage, do not click the links in this story.

    We've mentioned, from time to time, that there was a palace coup at CareerBuilder resulting in the ouster of Rob McGovern and his management team and huge layoffs. While we didn't think the story worth covering for a while, it turns out that the internal plotting by the newspaper companies was even more Machiavellian than we'd imagined. It seems as though the negative energy and unspoken envy that characterizes life in the editorial career path gets to be acted on in the new venture part of the business.

    Again, if you are somewhat unshockable, take ten minutes and read the details and verbal battles that comprise the F****ed Company account of the adventure. Mind you, the site is slow and you may have to look CareerBuilder up in their search engine.

    This is how newspapers work. Rather than making the necessary investment in due diligence and making decisions upfront, the ownership has decided to let the company be run down by the 'new' management while they prepare their own candidate. It's simply a retelling of the CareerPath story. Revolving executives manage a heavily committed process that is rooted in investment that is always a day late and a dollar short.

    It's becoming clearer than ever that the core newspaper strategy is "Keep monkeying with things until the entrepreneurial competitors go away."

    A clever reader can comprehend the "between the lines" details in the story. The only viable explanation of the draconian moves is that the newspapers hope to hobble key segments while they sort out their real game plan. BrassRing has been executing the same "buy it, scrap it" strategy with its investments.

    With CareerBuilder in tatters, HotJobs just assuming new management and Monster under incredible margin pressure, it looks like the market is opening for new competitors. 

    - John Sumser © TwoColorHat. All Rights Reserved.



    Probably not.
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    Copyright © 2013 interbiznet. All rights reserved.
    Materials written by John Sumser © TwoColorHat. All Rights Reserved.
    Mill Valley, CA 94941

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         Materials written
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         © TwoColorHat.
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