One of the “major problems” that is dominating the financial and technology news these days is the new Yahoo CEO Scott Thompson. The good man pimped his resume, Yahoo and the board didn’t catch it and everyone more or less important cries foul.
Not that the man was coming from the moon and nobody knew him. Thompson is an accomplished business leader and has quite a reputation for being good on the job. The problem is a degree that found the way on Thompson’s resume and obviously doesn’t belong there. Now the discussion is going on if the man should be dismissed by the company.
To be quite honest, if they hired him for the degree that is discussed, there are better choices to make and Scott Thompson shouldn’t have the job. Meaning, lots of people have better degrees. Those that support firing claim he had lied. Well, yes, looks like he did. And as a leader of a public company he is not supposed to do that, so they claim. If he should not manage a public company because he lied in a minor case, then there are also bigger fish to fry. Yahoo has other worries at this point and this entire story is not worth time, money, resources and whatever else is invested.
I am writing this not in support of lying, but this appears hypocritical to me. There were other guys in recent times that got away with much bigger fibs, including the fitting excuses. How about starting there in order to set the tone? After all, Yahoo already made a statement, everything is an “inadvertent error”. Well, that sounds better as “we didn’t know, I don’t know” or other excuses that were made for much bigger swindles. Close the book and get to work, all of you.
— TheMainStreetAnalyst (@TMStreetAnalyst) May 4, 2012