Sad Reality
Mar 14, 2019 11:07:09 #
Sad reality;
A Japanese company (Toyota) and an American company (General Motors) decided to have a canoe race on the Mississippi 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 & 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.
Their conclusion was that the Japanese had 8 people paddling and 1 person steering, while the American team had 7 people steering and 2 people paddling.
Feeling a more detailed study was in order, the American managers hired a consulting company and paid them a large amount for a second opinion.
They advised, of course, that too many people were steering the boat, while not enough people were paddling.
Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the paddling team's management 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 resultant savings 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 the Senior Executives as bonuses.
The next year, try as he might, the lone designated paddler was unable to even finish the race (having no paddles), so he was laid off for unacceptable performance, all of the canoe equipment was sold and the next year's racing team was out-sourced to India.
Sadly, the End. BOTTOM LINE: GM spent the last 30 years moving all its factories out of the US claiming they can't make money paying American wages.
TOYOTA spent the last 30 years building more than a dozen plants inside the US.
The last quarter's results:
TOYOTA made 4 billion in profits while GM racked- up $9 billion in losses.
GM folks are still scratching their heads, and still being paid big bonuses....
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY.
A Japanese company (Toyota) and an American company (General Motors) decided to have a canoe race on the Mississippi 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 & 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.
Their conclusion was that the Japanese had 8 people paddling and 1 person steering, while the American team had 7 people steering and 2 people paddling.
Feeling a more detailed study was in order, the American managers hired a consulting company and paid them a large amount for a second opinion.
They advised, of course, that too many people were steering the boat, while not enough people were paddling.
Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the paddling team's management 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 resultant savings 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 the Senior Executives as bonuses.
The next year, try as he might, the lone designated paddler was unable to even finish the race (having no paddles), so he was laid off for unacceptable performance, all of the canoe equipment was sold and the next year's racing team was out-sourced to India.
Sadly, the End. BOTTOM LINE: GM spent the last 30 years moving all its factories out of the US claiming they can't make money paying American wages.
TOYOTA spent the last 30 years building more than a dozen plants inside the US.
The last quarter's results:
TOYOTA made 4 billion in profits while GM racked- up $9 billion in losses.
GM folks are still scratching their heads, and still being paid big bonuses....
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY.
Mar 14, 2019 14:40:30 #
eagleye13 wrote:
Sad reality; br br A Japanese company (Toyota) a... (show quote)
Sound of Democrats here;
https://youtu.be/Re72di5phM0
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