Best Buy: Hubert Joly
from Wisdom From The Top with Guy Raz
In 2012, to say there was a crisis at Best Buy — is an understatement. In January, Forbes published an article with the headline: WHY BEST BUY IS GOING OUT OF BUSINESS. And then, in March, the company reported a loss of $1.7 billion. In April, the CEO resigned because of an "inappropriate relationship" with an employee. Hubert Joly stepped in, determined to fix Best Buy, and he started by valuing the people who work there.
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This episode was published on June 28, 2023.
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