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I've seen all sides of the business--from the factory floor to the executive board room, and I can tell you that in most American businesses today, "management" IS the problem. And that doesn't matter whether it is corporate management or whether it is union management. Each is out for their own personal greed and power-grabbing. This aberant condition of modern business has even worked its way into TV programs...with the most despicable types being glorified as "successful". I'm not sure what is actually behind all of this, but it sure is a helluva way to show our kids what it means to be "successful".
I own a Ford truck, Harley Davidson motorcycles, and Chevy Corvette. I really don't care about Toyota, Nissan or any other foreign manufacturers....no matter where they build the cars. As far as I am concerned, they can all go away, no matter how good their cars are. Sorry for being American....but then again, I am proud of it.
For those of you who actually believe that the ONLY purpose of business is to "make money", you should put your application in for some teaching position at a business school. That's the drivel that is preached there, too. 'Business' has a much more important role than just making money for its investors. It was formed by individuals who had differing skills so that, collectively, they could produce a product of higher quality than any one individual, in higher volume, and at lower cost. 'Business' thus allowed these individuals to enhance their own standard of living, as well as enhance the local society around that area. The societal benefits of business were much more profound than simply making money. Those who believe otherwise are what is wrong with modern business: they give no quarter to the value of the employees working for them, nor the community in which they operate. "Money above people" is the mantra of today's businesses.
When an investor puts money into a corporation they expect to make a profit. The return on their investment is THE reason the investor hands their money over to a corporation.
Still, even privately, the only real incentive individuals have for joining together to form a corporation is to make more money. But, a privately run corporation doesn't have to answer to investors constantly demanding more profits every quarter so it's easier for the owners to invest in their people, community and country. The owners will invest in the long term future of their corporation (which includes investing in societal benefits) to make their corporation grow because they will eventually want to sell their corporation for a nice profit.
Sure, the problem in publicly traded companies can be blamed on upper management, but they are pushed that way by the expectations of the stock market where the company is traded.
Last edited by lionelhutz; Jan 7, 2017 at 01:03 AM.
Make USA great again........
Well as I see it, it is easy to start the process, start buying quality made in USA food, cars, parts, t-shirts ec ec ec.
But many decides to buy China cheap made parts, t-shirts ec ec ec. It is easy to say one thing, and to do another.
So to make USA great again, then look into a mirror, and do as "you" voted a few weeks ago......
I'm sitting here in Denmark, Europe and buying as much Made In USA as I can, please do the same :- )
Have you ever seen a future discontinued part schedule or any kind of announcement about discontinuing certain parts from GM? Yet you're expecting one now?
Have you ever seen a future discontinued part schedule or any kind of announcement about discontinuing certain parts from GM? Yet you're expecting one now?
Which begs the question. How did this thread get started?
Make USA great again........
Well as I see it, it is easy to start the process, start buying quality made in USA food, cars, parts, t-shirts ec ec ec.
But many decides to buy China cheap made parts, t-shirts ec ec ec. It is easy to say one thing, and to do another.
So to make USA great again, then look into a mirror, and do as "you" voted a few weeks ago......
I'm sitting here in Denmark, Europe and buying as much Made In USA as I can, please do the same :- )
No more comments from my side in this thread :- )
Interesting parallels - here in UK non of the most profitable volume (and low volume) car companies are actually UK owned. German, Japanese and Indian - probably Chinese at some point in the future. Even in the post WW2 years where the UK was one of the largest exporters of motor vehicles we still had foreign ownership of UK car manufacturers like Ford and GM. Yes we had issues with trade unions, but more importantly it was the lack of interest from major investors in re-equipping and re-building our manufacturing infrastructure that prevented us from keeping up with the quality and output of oversea competitors from Japan and later Germany. How ironic that not too many years later these organisations that were once competitors now 'own' our motor industry and are are at one end of the scale running factories with some of the highest volumes of car output in the world - and at the other end of the scale producing the highest quality prestige vehicles in the world. In the USA you are fortunate - your government didn't sell 'the family jewels' to 'outsiders', instead investing heavily in GM - unlike our previous governments who starved the motor industry of funds to properly invest in the future and then 'opened the doors' to overseas companies by funding them millions (no, billions of $) to either re-equip equip existing factories or build new ones (Nissan/Toyota) on greenfield sites