I
recently received the following from a friend of mine after a discussion we had as to why
we (America) have so many "business and economic" problems. The title was
"How Corporations Work". I found it interesting...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. Their conclusion was the Japanese had 8 people rowing and 1 person steering, while
the American team had 8 people steering and 1 person rowing.
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 rowing.
Not sure of how to utilize that information, but wanting to prevent another loss to
the Japanese, the rowing team's management structure was totally reorganized to 4 steering
supervisors, 3 area steering superintendents and1 assistant superintendent steering
manager. They also implemented a new performance system that would give the 1 person
rowing the boat greater incentive to work harder. It was called the 'Rowing Team Quality
First Program,' with meetings, dinners and free pens for the rower. There was discussion
of getting new paddles, canoes and other equipment, extra vacation days for practices and
bonuses.
The next year the Japanese won by two miles. Humiliated, the American
management laid off the rower for poor performance, halted development of a new canoe,
sold the paddles, and canceled all capital investments for new equipment. The money saved
was
distributed to the Senior Executives as bonuses and the next year's racing team was
out-sourced to India Sadly, the End.
Sad, but oh so true! Here's something else to think about: Ford has spent the
last thirty years moving all its factories out of the US, claiming they can't make money
paying American wages. Toyota has spent the last thirty years building more than a dozen
plants inside the US. The last quarter's results: Toyota makes 4 billion in profits while
Ford racked up 9 billion in losses. Ford folks
are still scratching their heads.
IF THIS WASN'T SO SAD IT MIGHT BE FUNNY!
That's it but I have other opinions you may not
be interested in, however, as a heads up, I will use this space (because I pay for it) to
share these thoughts with you in the future. You can always respond by eMail: dongordon@hawaii.rr.com or dgordon@hawaiipublicradio.org.
Seriously, if you read this let me know what you think, I'd like to know.
Best wishes,
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