Recently, the President blamed problems some firms are having on "bad management" rather than on the tariffs he's imposed during the trade conflict with China. Power Line's Paul Mirengoff doesn't believe it. I agree with Paul's assertion there is a tendency to blame others when things go wrong.
On the other hand, tariffs are merely one example of the "choppy water" managements have to navigate. Let's stipulate that when things are going well, just about any management can look good.
During the first couple of years of Trump's term things went very well indeed; nearly all managements (except bricks-and-mortar retail) looked like winners. You really begin to sort out the good from poor managers when things turn somewhat sour.
Tariffs are one of the ways things turn sour, and it's likely that to some extent Trump is correct. Firms which relied too heavily on production in, or sales to, China are probably having difficulties.
An over-reliance on China is an example of bad management. True especially since Trump while campaigning promised to deal with China's abuses of our relaxed trade policy.
This President actually tries to fulfill his promises. Not hedging against the possibility that he might do what he said he'd do is ... wait for it ... bad management.
Sure Trump wants to blame problems on others. Still, take it from the old Management prof, short-sighted, head-in-sand management is responsible for some of the corporate pain now being experienced.
