They started putting ideology over profitability, especially in the hiring of top management positions. They favored the protected, privileged, and Ivy-educated over people within the company who actually understood the customer base. And they did this with brazen acts of racial and gender tokenism that punished competence and rewarded political loyalties...
Authored by Jeffrey A. Tucker: It’s likely true: No executives at Anheuser-Busch knew what the Bud Light marketing people were planning when they decided to deploy an absurdist and deeply offensive transgender TikTok influencer to sell their beer. But soon after it happened, public disgust became rather obvious. The crisis began, but for weeks, the company was in denial.
Finally, the CEO made a statement that only infuriated people more, simply because it wasn’t an apology or even an honest admission of anything that was happening. It had that sterilized and robotic quality we’ve come to associate with government statements that pretend that all is well when everyone knows it isn’t.