It was quite an unpleasant news personally for me because I’m really fan of Tupperware. My kitchen almost to 90% in Tupperware products – high quality, in most cases great functionality.
https://www.today.com/food/news/tupperware-out-of-business-warning-rcna79142
This article definitely not about Tupperware as a product, but, about a company with 77 years history and finally has financial problems. The most important question – When management realized the potential problems? What is the background of the current situation? I personally would like to know much more about it.
For companies with a long history, the mistakes of being afraid to ask questions or selecting wrong planning process can be particularly damaging. Over time, a company may develop a culture of complacency and resistance to change, which can stifle innovation and growth. When managers are afraid to ask questions or not adjust planning processes, they may inadvertently perpetuate this culture, which can be detrimental to the company’s long-term success.
In addition, as a company grows and evolves, it may become more complex and difficult to manage. In such cases, managers may face a steep learning curve as they try to navigate new technologies, markets, or regulatory environments. If they are too afraid to ask questions or not accordingly amend planning processes, they may struggle to keep up with these changes and miss opportunities to adapt and grow.
To avoid this mistake, companies with a long history should encourage a culture of continuous learning and improvement. This means creating opportunities for managers and employees to ask questions, share their knowledge and experience, and learn from one another. It also means being open to new ideas and perspectives, and being willing to challenge the status quo when necessary.
By embracing a culture of openness and learning, companies with a long history can remain agile and competitive in a rapidly changing business landscape. They can also attract and retain top talent as employees or hire highly experienced consultants or freelancers more likely to feel engaged and fulfilled when they are encouraged to learn and grow on the job.
kurtukovs.com 