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Lack of Commitment

JC Penny may be done for. Retail is tough enough and is facing real headwinds as it is.

But now they change direction. The thing you gotta love about Ron Johnson is that he had a vision and was committed to it. It was a unique perspective and commitment though and that causes a big problem, because change will be a drastic move.

This is a great example of why you must have a vision you can really commit to. A vision that you may not be able to stay with may be fatal.

todd@toddkmiec.com

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