Marissa Mayer is out of her league

Marissa Mayer has a problem. A big problem.

She is out of her league.

I get that Yahoo! has had a lot of problems for quite a long time. But she is going about fixing things in all the wrong ways.

First, she took a two-week maternity leave. While that may be all she needs, she is sending a message to her employees that they better not ask for a lengthy maternity leave. Hopefully no employees have pregnancy complications that require significant time off.

In addition, she doesn't respect anyone's time but her own. It doesn't matter if you are the guy working in the mail room or the CEO. If you can't show up to things on time, it's time to reassess what you are doing. Nobody is going to respect her. It's going to be impossible to get anything done otherwise.

Then she showed off the new homepage on Today, while Yahoo! is a major partner of Good Morning America. Plain and simple, there was a lack of thought to that decision and shows out out of touch Meyer is with what is going on with who the company deals with.

Now, she is not allowing anyone to work remotely. I get that people slack off when they work from home. Guess what? People slack off when they work in the office too. In addition, if people aren't getting work done at home, they aren't being managed properly. Get rid of the problem managers. Don't punish all of those that work remotely because managers don't manage.

While Mayer is making missteps, it is possible she will be able to right the sinking ship that is Yahoo! However, she is showing a trend that shows she is out of touch, disrespectful and not able to make decisions that address the actual problem. She is certainly not someone that I would want to work for, and I am sure there are many people at Yahoo! who are thinking the same.

Oh Groupon!

It is being reported by Yahoo! that Groupon CEO Andrew Mason is about to get canned by his own company.

Getting fired sucks. I can't imagine what it would be like to be fired by a company that I founded. If the reports end up being true, it certainly wouldn't be the first time this happened, and it certainly won't be the last time it happens.

However, if it hasn't been made clear by anyone who has a clue about the 'daily deals' industry, their time is over - at least how the industry is currently structured.

Do a quick Google search on the experience that companies have had when they utilize these deals. Sure, it may be great for a particular business or a one time, small deal but most businesses have had a negative experience.

Even when I had my own business, there was a short time where I was hounded on a daily basis by Groupon, LivingSocial and the others, to sign up and have a deal. However, I had done my homework and there was zero upside and it would have been nothing but a money loser for me. I think most businesses have experienced that and I was smart enough to apply those lessons to my business.

Speaking of LivingSocial, when was the last time you saw a commercial for them? It used to be every commercial break (sometimes more than once a break) on nearly every channel. I think now, it has been six months or more since I last saw their commercials aired.

That being said, I see only two ways forward with this particular industry. First, if there is going to be a national model, there can only be one or two companies - and they can't take 50 percent of the revenue from the merchant right off the top (after the discount is applied). They must take a smaller cut from the merchants to even have a chance of getting some of those companies back.

Otherwise, it's going to just be some local model that is run by a local business. I've primarily seen local newspapers and TV stations getting in on this business. They likely do this because they are able to take a smaller cut of the revenue from the merchant because it includes something along the lines of advertising - so it's more of a win/win for the media company and the merchant.

I'm sure the 'daily deals' industry isn't going anywhere, but unless the firms such as Groupon and LivingSocial change, folks like Mr. Mason are not going to find themselves in the industry much longer.

The coverup is worse than the crime, Part II

A few weeks ago, I wrote about how former Arkansas football coach had an issue with credibility. Sure enough, there is another situation, that has some similarities to what I wrote about.

This time around, it was announced yesterday that the Scott Thompson, CEO of Yahoo, has been caught padding his resume. Today, the board member in charge of hiring Thompson is not going to run for re-election to the board. There is only one step left in this story to have yet happen.

Thompson must resign from his position or the board should fire him.

As it stands, Thompson has zero credibility with any of his employees. Or at least he would have none with me if he were my CEO. His deception is telling all of his employees that it is OK to lie to get ahead.

While it appears on the surface that he is qualified to be the CEO of a large company, if he is willing to lie about the credentials that he has, what else is he willing to lie about?

Yahoo has been a company that has been in trouble for a long time. They need a leader that not only people within the company can depend upon, but those outside. Thompson is not that leader.