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Old 07-11-2008, 09:53 AM   #9
fte50
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Join Date: Jun 2006
Location: Down Under
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Quote:
Originally Posted by 4Vman
What exactly is "greed" anyway? is it the ambition to ensure you make money and maintain the viability of your operation? In fact its a directors responsibility to ensure the business they control remains profitable..
I cant see any business besides no profit organizations turning their back on making money.. so in the context of the car manufacturers and their current financial woes its hard to see where they've been "greedy", because clearly not many of them are turning a profit....
Greed is NOT the ambition to ensure you make money and maintain the viability of your operation. This is smart business sense.
Greed is in fact the opposite. Its risking what you have (proven product) and replacing it with a clearly proven inferior product just hoping it would work,(to make a quick buck) when all the r&d proves its a lesser product. Its about cutting ties with 'proven quality' component /engineering suppliers and being prepared to accept an inferior product because it costs half the price.
The problem is the cost saving is not passed onto the consumer, hence generating a higher turnover in sales/profit- its a negative mindset thinking the global consumer will accept at any cost for the sake of a badge. That is greed. That is also mismanagement.
The same management teams that are responsible for the future /destiny of its employees, yet have no regard for their welfares. The same management teams that sign off on a dodgy product and, in situ of a product not 'taking off' lay off its workforce - replace when needed with casual labour. Only a number. Ofcourse the shopfloor workers lose their jobs, and the 'managers' get a relocation/transfer.
On a final note, if no one here is convinced of the greed, take a trip to one of the 'Major' car manufacturing plants in asia/egypt or an emerging manufacturing nation. These are the expert manufacturers.
Despite these countries having very low to no govt regulated safety/work standards etc, the companies themselves have the collective engineering/regulation expertise and knowledge aquired to create safe manufacturing plants and help the local govts develop safety/work standards/policy. They should be leaders in these fields. In contrast however, despite their knowledge, they allow shortcuts and unsafe work practices to exist - it costs them less. They promote it by instantly sacking any 'activist' employees willing to stand up for their rights. Plants in the west that cost big $ to upgrade to meet new safety standards get relocated knowing they are 'non compliant'. Greed.
Now i will join the others in their cave.
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