Wednesday, January 3, 2007

210 Million Payout For Retailing CEO

You may find it interesting to know that the recent CEO of Home Depot (an American based retail homewares store chain) Bob Nardelli has come to an agreement with the company's board to resign as chairman, and to accept a $210 million severance package.

Yep, he done a crappy job and still got paid the big bucks. Most retailers moan and groan about how someone can be paid that much, it's disgusting, they don't deserve it, all that garb. If this is you wake up and change your perspective, ask yourself what does someone have to do to put themsleves in the position to be able to receive this type of compensation, then relay it back to yourself, what do I have to do to make more money, be more successful. Look for the learning's in all situations, not the shortcomings.

Those dollars alone should be enough to help make you think better, grander, bolder in your aspirations, even if the numbers are out of the states. Raise your expectations and hold yourself accountable to higher standards and watch out for the results that follow.

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