Don Coatney Posted April 19, 2007 Report Posted April 19, 2007 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 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. Sad, but oh so true! But consider this: Ford has spent the last thirty years moving most of 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! Quote
Brad Lustig Posted April 19, 2007 Report Posted April 19, 2007 That joke would be funny if it wasn't true. Quote
PatS.... Posted April 19, 2007 Report Posted April 19, 2007 That was good, Don Probably more true than we care to know. Quote
Brad Lustig Posted April 19, 2007 Report Posted April 19, 2007 Just sent the joke to my dad and he replied that that is exactly how Savannah River Site was run (DOE and Dupont then Westinghouse). Quote
randroid Posted April 19, 2007 Report Posted April 19, 2007 Gents, Something that was big news in the auto industry during the 60's and 70's and now seemingly forgotten is that General Motors poured billions into Toyota and lifted them from being "just another car company" into what they are today. In fact, Toyota's buzz-word for them was "Generous Motors". I've not been able to learn how much of Toyota GM owns, but you can bet they've got a finger in that pie. The question in my mind is, why do they run their domestic operations in such a slip-shod manner when they have a shining example of the correct way of doing it right under their corporate nose? Perhaps that they don't need to pay taxes on their foriegn earnings, combined with tax cuts they get from losing money at home, gets them a larger bottom line? Avarice, sweet avarice, GM is thy name. What ya say, boys, screw the domestic economy so long as the Country Club membership is complementary? -Randy Quote
claybill Posted April 19, 2007 Report Posted April 19, 2007 so....who is running the war in IRAQ?? bill Quote
PatS.... Posted April 19, 2007 Report Posted April 19, 2007 so....who is running the war in IRAQ??bill Obviously downsized auto executives...and one idiot:( Quote
rearview Posted April 19, 2007 Report Posted April 19, 2007 so....who is running the war in IRAQ??bill Bin Laden Quote
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