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» EAST WEST PROPERTIES PLC (EAST.N0000)
A Modern Parable EmptyToday at 11:51 am by yellow knife

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» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
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» East West properties
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» DFCC.N0000 ( DFCC BANK PLC )
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» PLC.N0000 ( People's Leasing and Fiance PLC)
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» SEYB.N0000 ( SEYLAN BANK PLC )
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» LIOC.N0000 (Lanka IOC PLC)
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» Plantation sector updates
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» What to Analyse
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» MTD WALKERS - KAPI
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» VONE.N0000 (VALLIBEL ONE PLC)
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» In the Meantime, Within Our Shores !
A Modern Parable EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
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» Obituary Notice.
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» Happy Birthday
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» Re: Financial reports Q1-2019
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» Save Wilpattu !
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» Help him Today, so he can help another Tomorrow
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» HNB.N0000 ( Hatton National Bank PLC)
A Modern Parable EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
A Modern Parable EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
A Modern Parable EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
A Modern Parable EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
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» JEWS OF SRI LANKA: AN UNTOLD STORY
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» How Small We are in the universe
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» HAYL.N0000 Hayleys PLC
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» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
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A Modern Parable

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A Modern Parable Empty A Modern Parable

Post by Backstage on Mon Oct 17, 2016 4:50 pm

A Modern Parable


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 paddling and 1 person steering, while the American team had 7 people steering and 2 people paddling.

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 paddling.

Not sure of how to utilize that information, but wanting to prevent another loss to the Japanese, the paddling team's management structure was totally reorganized to 4 steering supervisors, 2 area steering superintendents and 1 assistant superintendent steering manager.

They also implemented a new performance system that would give the 2 people paddling the boat greater incentive to work harder. It was called the 'Rowing Team Quality First Program,' with meetings, dinners and free pens for the paddlers. There was discussion of getting new paddles, canoes and other equipment, extra vacation days for practices, and bonuses. The pension program was trimmed to 'equal the competition' and some of the resultant savings were channeled into morale boosting programs and teamwork posters.

The next year the Japanese won by two miles.

Humiliated, the American management laid off one paddler, halted development of a new canoe, sold all the paddles, and cancelled all capital investments for new equipment. The money saved was distributed to the Senior Executives as bonuses.

The next year, try as he might, the lone designated paddler was unable to even finish the race (having no paddles), so he was laid off for unacceptable performance, all canoe equipment was sold and the next year's racing team was out-sourced to India.

Sadly, the End.

Here's something else to think about: GM 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 GM racks up 9 billion in losses.

GM folks are still scratching their heads, and collecting bonuses...

IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY.
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A Modern Parable Empty Re: A Modern Parable

Post by Expert on Fri Oct 21, 2016 9:55 am

Thanks!
Not very different to many failing institutions.
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A Modern Parable Empty Re: A Modern Parable

Post by Yin-Yang on Fri Oct 21, 2016 11:06 am

I am sure many Yankees now wished they had few more nukes in 1949.
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