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A Modern Parable

mtrocket

Seasoned Member
Joined
Oct 17, 2008
Messages
3,648
Location
Billings, Montana
My XLR/V(s)
2007 Red Jewel XLR
AND THEY STILL WANT US TO BAIL EM OUT!!!!! OMG THEY ARE UNBELIEVABLE.

A Japanese company ( Toyota ) and an American company (Ford) 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 act ion.

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, and 1 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.

The End.

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 profit s while Ford racked up 9 billion in losses.

Ford folks are still scratching their heads.

IF THIS WEREN'T TRUE, IT MIGHT BE FUNNY.
 

PassionDiva5150

Seasoned Member
Joined
Oct 16, 2008
Messages
176
Location
On The Lake, California
My XLR/V(s)
2007 Passion Red XLR
You are so right, just look at Toyota stock, trading at over $60 a share, Ford at less that $2 and GM around $3.50 a share. What more can you say??? :(:(:(
 

Tiffany's Dad

Seasoned Member
Joined
Oct 27, 2008
Messages
712
Location
Martinsville, Indiana
My XLR/V(s)
2004 Xenon Blue XLR
Unions!! Too many chiefs and not enough indians as they say. More pay, less work, it had to come to an end sometime. I guess this is that time.
 

standby-V

Seasoned Member
Joined
Oct 16, 2008
Messages
1,114
Location
Mesquite, NV
My XLR/V(s)
2004 Lt. Platinum & 2006 Lt. Platinum XLR-V
You can apply that strategy to big corporations too. Shall we talk about CEO's that make millions and then leave with millions as a retirement. I don't know of union workers that leave with that kind of money or get paid that kind of money. Union member and proud of it.

Unions!! Too many chiefs and not enough indians as they say. More pay, less work, it had to come to an end sometime. I guess this is that time.






 

Popbigguy

Seasoned Member
Joined
Oct 17, 2008
Messages
705
Location
Lincoln, NE
My XLR/V(s)
2007 XLR-V RII'07 RIII'08 SA'09 CO'10 NCSC'11 PA'12 BG'13 MT'14 VBOBX'15
Why are we bashing the union on this? I see a lot of management words in there! There is only one union member in this story, the rower!


AND THEY STILL WANT US TO BAIL EM OUT!!!!! OMG THEY ARE UNBELIEVABLE.

A Japanese company ( Toyota ) and an American company (Ford) 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 (ALL OF US), 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 act ion.

Their (management) conclusion was the Japanese had 8 people rowing and 1 person steering, while the American team had 8 people steering and 1 person rowing (Union memeber).

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 (management consulting Co) 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, and 1 assistant superintendent steering manager (management).

They (management) also implemented a new performance system that would give the 1 person rowing (union) 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 therower (lone union person) 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 (management) as bonuses and the next year's racing team was out-sourced to India.

The End.

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 profit s while Ford racked up 9 billion in losses.

Ford folks are still scratching their heads.

IF THIS WEREN'T TRUE, IT MIGHT BE FUNNY.
 

b_pappy

Seasoned Member
Joined
Oct 17, 2008
Messages
588
Location
Northridge, CA
My XLR/V(s)
2005 XLR
You are so right, just look at Toyota stock, trading at over $60 a share, Ford at less that $2 and GM around $3.50 a share. What more can you say??? :(:(:(
Yeah, around $60.00, less than half what it was last July. They are not exempt from what is going on right now, just better positioned because so many people were still buying their cars for some reason that absolutely escapes me.
Bruce
 

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