Wednesday, August 10, 2016

"OPPORTUNITIES" I pet shop boys



I can program a computer, choose the perfect time
If you got the inclination, I got the crime

Let's stay on Business for a while it appears it will be front and center this week.

First a short story;

A sad commentary, made worse by being so close to the truth....

A Japanese company (Toyota) and an American company (General Motors) decided to have a canoe race on the Missouri River. Both teams practiced long and hard to reach their peak performance before the race.

On the big day, the Japanese won by a mile.

The Americans very discouraged and depressed, decided to investigate the reason for the crushing defeat. A management team made up of senior management was formed to investigate and recommend appropriate action.

The conclusion was the Japanese had 8 people paddling  and 1 person steering,  while the American team had 7 people steering and 2 people paddling.

Feeling a deeper study was in order, American management hired a consulting company and paid them a large amount of money for a second opinion.

They advised, of course, that too many people were steering the boat, while not enough people were paddling.

Not sure how to utilize that information, but wanting to prevent another loss to the Japanese, the paddling team's structure was totally reorganized to 4 steering supervisors, 2 area steering superintendents and 1 assistant superintendent steering manager.

They also implemented a new performance system that would give the 2 people paddling the boat greater incentive to work harder. It was called the 'Rowing Team Quality First Program' with meetings, dinners and free pens for the paddlers. There was discussion of getting new paddles, canoes and other equipment, extra vacation days for practices, and bonuses. The pension program was trimmed to 'equal the competition' and some of the saving were channeled into morale boosting programs and teamwork posters.

The next year the Japanese won by two miles.

Humiliated, the American management laid off one paddler, halted development of a new canoe, sold all the paddles, and cancelled all capital investments for new equipment. The money saved was distributed to Senior Executives as bonuses.

The next year try as they might, the lone designated paddler was unable to even finish the race (having no paddles), so he was laid off for unacceptable performance, all canoe equipment was sold and next year's racing team was out-sourced to South Korea.

Sadly , the End.

Here's something else to think about: GM has spent the last thirty years moving all it's factories out of the U.S., claiming they can't make money paying American wages.

TOYOTA has spent the last thirty years building more than a dozen plants inside the U.S. The last quarters results:

TOYOTA makes 4 billion in profits while GM racks up 9 billion in losses.

GM is still scratching their heads and collecting bonuses.

That's why You now see  Lexus on our streets and Pontiac's are but a memory!

See "OPPORTUNITIES" II tomorrow and see how this is more than a Modern Parable.

See more American Business!



In a little more than a week 
Well we went from 'lock her up'
to being the Devil
and now I guess she has to be eliminated?






6 Comments:

At August 10, 2016 at 10:12 AM , Anonymous Anonymous said...

IMO, this story hits the nail on the head!

 
At August 10, 2016 at 10:43 AM , Anonymous TERM>> said...

10:12 Wait until Thursday

9:49 Not a funny joke and here's why 99.999% of people will not act on the comment even stanch NRA members. It's that one person out there who believe he will be doing the country a great service as well as becoming famous.
Sadly when you have 330 million people you also get some kooks in the mix.

 
At August 10, 2016 at 11:46 AM , Blogger Sandy Miller said...

This pretty well sums up corporate America these days. And maybe our own city government....... Let's see what Mr Carson was paid by taxpayers for doing a bang up job for the city. I am betting he will be getting a tidy buyout package making that bruise on his bum a little easier to sit on. Go back to 1980 when GM posted its first loss since 1921; $551 million and Thomas Murphy was the chairman. Mr Murphy did not receive a bonus that year and in fact froze all pay raises and bonuses. His annual income a mere $422,000 as compared to his annual salary in 1979 of $623,220. Bet his wife had to clip a few coupons. Fast forward to the current chairman at GM, Anne Barra..... Her annual salary last year: $28.6 million! Do we see a problem here America? But then GM did post 6.3 billion in profits last year...... Thank you China, where GM sells more cars than anywhere else on the planet.
We live on a swiftly tilting planet .......

 
At August 10, 2016 at 2:17 PM , Anonymous TERM>> said...

More on that later in the week!

 
At August 10, 2016 at 3:50 PM , Anonymous Anonymous said...

11:46
And yet people really think that the UAW is the reason for the American auto companies failure??
Think how many hourly employees they could hire for $26.8M!!!
Gotta sell a lot of cars to make that kind of scratch!

 
At August 12, 2016 at 1:44 PM , Blogger Sandy Miller said...

Or college educations.....

 

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