See allLatest Trade Alerts

Brokerage Partners

Small Is the New Big

Tickers in this article: BBY
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (TheStreet) -- So did you hear Big Box Best Buy(BBY) is downsizing?

Every time a "too big to fail" does, a slight smile comes to the faces of small-business owners. Entrepreneurs, small-family businesses, and mid-sized, privately held companies understand this, but the lesson serves as a reminder to prospects that big isn't always better -- that can be a tough concept.

In the recent history of huge company failures and those pacts-with-the-devil bailout bozos, employees, customers and investors are realizing bigger firms invite bigger problems, systemic risk and poor-quality relationships like a stripper invites another dollar bill. Yes, big companies are seldom the guardians of trust, access, or dependability. Why is this the case?

Follow TheStreet on Twitter and become a fan on Facebook.

As companies grow, diversify, and hire, they often suffer the unintended consequence of distancing themselves from purpose, principles, and the people connections that matter. Bad hires, turnover, unscrupulous characters, shortcuts and a departure from focused customer service - these are mired in spreadsheet-laden strategy and bottom line focus.

>>Also see: Best Buy: S&P Intraday Laggard

Internet convenience and big-box selection has its advantages, but ultimately people still buy from people. And there's nothing like a friendly exchange with a familiar face to enhance the buying experience.

Usage of this site is governed by TheStreet's Terms of Use available here. Information collected on this site may be collected by TheStreet and OC Register. TheStreet's use of information collected on this site will be governed by TheStreet's privacy policy available here. OC Register's use of information collected on this site will be governed by OC Register's privacy policy available here. If either TheStreet's or OC Register's privacy policy have provisions that are more restrictive than the provisions of the other party's privacy policy, such more restrictive provisions shall not apply to such other party.

Copyright © 2012 Orange County Register Communications. All Rights Reserved.
Site Help | Site Map