Skip to main content

View Diary: Boeing's outsourcing strategy in the spotlight as FAA grounds the Dreamliner (196 comments)

Comment Preferences

  •  Really it is more about showing quarterly (0+ / 0-)

    earnings that is killing the US corporations more than anything else.  They are sort of in perpetual fire sale mode trying to impress Wall Street.

    They do things like launch new products in order to impress investors whilst ignoring core business that keep the companies going and end up losing it all.  

    One of the great examples of the short-sightedness of current business models with respect to labor was Circuit City.  That retailer was doing really well and their success against competitors was attributed to the fact that they had a knowledgeable and experienced sales force.  The people selling and their high level of competence was considered to be a real driver in their sales numbers.  Then the CEO and the board decided to fire every one of their experienced (and more expensive) sales force and replace them with cheap and inexperienced sales people.  I think it was less than 24 months before the company was in trouble and eventually they went bankrupt.  

    People make a difference.  Experience and qualifications make a difference.  In the case of Circuit City we weren't even talking about people actually designing and building what they were selling.  

Subscribe or Donate to support Daily Kos.

  • Recommended (147)
  • Community (71)
  • Baltimore (66)
  • Bernie Sanders (49)
  • Freddie Gray (38)
  • Civil Rights (38)
  • Elections (27)
  • Hillary Clinton (27)
  • Culture (24)
  • Racism (23)
  • Labor (20)
  • Education (20)
  • Economy (19)
  • Media (19)
  • Law (19)
  • Rescued (17)
  • Science (16)
  • 2016 (15)
  • Politics (15)
  • Riots (14)
  • Click here for the mobile view of the site