Market basket has been in the news these last months which gives us a perfect opportunity to discuss from a strategic management point of view.
1) Initially what was your first reaction to how the employees, customers and suppliers reacted to the decision to remove the CEO?
2) If you could sit on the board of directors of Market Basket, what would you have done?
3) Is it not the purpose of a corporation to make money? Investors wanted to get more profits out of Market Basket if you where an investor what would your position be?
4) What are some of the lessons you can call out from this event, for the board and for employees and investors?