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Category Archives: Business

How Do You Think That You Think You Do?

What does everyone think?  My Wife, Son, Mother, Brothers, Friends, Acquaintances, Co-Bloggers, Co-Workers and Work Supervisors.

Lots to be concerned with, there.  Hope I appear correct for all of them.  Think I’ll take a survey of them, and really find out.  Simple. 

Take the survey, and see just how confused I can remain.  Not that their opinions don’t count but, if I don’t have one other opinion, it is all for naught.  That one other opinion tips the scale, and counts for a minimum of 51%.

Mine.

I have final say so over, my deepest personality traits, composing; Me.  Some traits more engrained than others but, still,  I above anyone, choose.  I am the custodian, the trait keeper.  No one more fluent on the subject than I am.

That being true, then, why do we solicit, approval with everyone else except, too often, ourselves?  Are you a comfortable fit, for you?

How often in the work place, are you evaluated for your performance?  Many of those evaluations determine, or at least help determine a pay raise.  Maybe a promotion.  You are evaluated by, a minority of the constituency because, when it’s all over, the only thing directly from you on that evaluation, is your signature. Better luck next time.

Where, and when are the most fantastic improvements made? 

People are unique, and won’t necessarily end up at the intended destination with an absolute, prescribed course to re-write something already embedded.  An excellent Corporate Manager knows how to uniquely apply the corporate cookie cutter for each of their employees.

In the work place, the best managers bring their employees to the intended destination by, allowing each employee’s participation in a review.  That is what separates the excellent from the good.  ‘What do you think you did well, and possibly could improve upon?’

In the quote above, the manager asked the employee to self evaluate.  The Manager was asking, how, within your personality make-up can you help this employer. 

A good to average Manager would be surprised how, brutally honest an employee would be on their own review.  An excellent Manager already knows, and the excellent Manager knows each of the individuals, and their characteristics under their jurisdiction.

 So, why is it, Managers in work places are willing to give but, forget that receiving is part of the equation? Receive information about your individual employees from, your individual employees.  How can each of these unique individuals contribute the most to the work place?  Each of those workers are willing to teach you.

Have them be involved with their own development as only they can uniquely contribute. Give employees the opportunity to directly participate in self-management.

Now, everybody involved is, important.  Average Managers become excellent.  Good Employees become the best.  The combined effort of all involved seals a much greater chance of success for all concerned.

A review in the work place is typically a critique, and a plan of improvement.  Instead, it should be a review of improvements made, and how, and what the employee would like to achieve going forward. Most of that should be directly from the employee.

Where did all of this, start?  I’m fortunate.  I have an excellent Manager on the job.

 

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ALL FOR ONE & ONE FOR ONE

CORPORATIONS ARE PEOPLE, TOO.  THAT’S CASE LAW IN THE UNITED STATES.  SO, THAT DEGRADES ME, A PERSON, TO THE STATUS OF A  ‘LAW CREATED’ ENTITY OR, UPGRADES AN ENTITY TO THE STATUS OF A HUMAN BEING.

WHEN IT IS CONVENIENT, A CORPORATION IS A PERSON, AND WHEN IT’S NOT, THEY AREN’T BUT, THE LAW SAYS THEY ARE, EXCEPT WHEN THEY’RE NOT.

COULD IT BE THAT, CASE LAW IS TAINTED BY, POLITICS?  NO, WE WOULD NEVER ALLOW THAT IN THE UNITED STATES.

THIS IS VERY CONFUSING.  DO I PAY A CORPORATE TAX OR, INDIVIDUAL TAX?  DOES THE CORPORATION PAY AS AN INDIVIDUAL?  ONE PERSON, ONE VOTE?

TO THINK, THESE PEOPLE NEVER SHOW UP TO VOTE BUT, THEY DO VOTE.

WE CONTINUE TO ALLOW FOR THIS.  WE CONTINUALLY ALLOW FOR THOSE ‘PEOPLE’ TO HAVE THE EAR OF OUR REPRESENTATIVES EVEN AS WE DON’T.  ‘THOSE PEOPLE’ DON’T HAVE TO VOTE.  THEY HAVE REGISTERED THEIR VIEWS WITH LARGE CAMPAIGN DONATIONS WHICH THEY PREVENT, AS MUCH AS POSSIBLE FROM BEING OFFERED BY, REAL PEOPLE.

HOW DO CORPORATIONS DO THAT?  TREAT LABOR AS SLAVES UNDER THE SLAVE DRIVEN, EMPLOYMENT AT WILL LAWS.  DON’T ALLOW THEM TO SHARE ENOUGH OF A CORPORATION’S PROFIT, THEY HELPED TO BUILD, TO MAKE ANY SIZABLE CAMPAIGN DONATION.

GREED IS A TRAIT WE MAY ALL HAVE TO SOME DEGREE BUT, ‘THOSE PEOPLE’ HAVE LOTS MORE.  THE PROFITS SHOWN ARE NOT SUCCESSFUL UNLESS, THEY ARE CONTINUALLY GOING UP.  THAT IS, AT ALL COSTS, THE NUMBERS MUST BE IMPROVED, DAY TO DAY, YEAR TO YEAR.  NEVER MIND, THE CORPORATION WAS PROFITABLE YEAR TO YEAR BUT, THE PROFIT MUST FOREVER BE MOVING UPWARD.

MOST OFTEN, THE CORPORATIONS REWARD THOSE MOST, AT THE TOP OF THEIR HIERARCHY.  A CEO MAKES MILLIONS WHILE THOSE IN THE LABOR FORCE MAKE ENDS MEET.

THOSE AT THE TOP OF THE HIERARCHY MAY BE DISMISSED FOR A JOB POORLY DONE BUT, MANY TIMES THEIR RICH CONTRACTS ARE ‘BOUGHT OUT’ BY, THE CORPORATION AT A PREMIUM. 

WHO PAYS FOR THAT PREMIUM BUY-OUT?  THE LABOR FORCE AS THE CORPORATION MUST GET IT FROM SOMEWHERE IN THE FORM OF WAGE FREEZES, AND BENEFIT REDUCTIONS.  IF IT MEANS DELETING PART OF THE LABOR FORCE THAT CREATED THE PROFIT, SO BE IT.  THEY ARE NOT ABOUT TO LOSE ANY PROFITABLE STATUS OVER SOMETHING AS TRIVIAL AS THIS.

LET’S ADD THIS ALL UP.  YOU GO TO WORK, DO A GOOD JOB, AN EXCELLENT JOB, AND RECEIVE A WAGE FREEZE.  THE CEO SOMETIMES GOES TO WORK, DOES A POOR JOB, AND GIVEN SOMETIMES MILLIONS ON DEPARTURE.

CORPORATIONS MAKE FOR STUPID PEOPLE IF, THEY ARE TO BE CONSIDERED AS PEOPLE.  THEY CONTINUALLY WONDER WHY, THERE IS ORGANIZED LABOR, AND CAMPAIGN ACTIVELY WITH THEIR REPRESENTATIVES IN CONgress TO DESTROY ORGANIZED LABOR. 

CORPORATIONS HAVE PUT THE WORD OUT TO THEIR REPRESENTATIVES DESIRING STRONGER ANTI-LABOR LAWS, AND THE CAMPAIGN FELL IN TO A ‘GO MODE’ AS A NEW, STRONGER SET OF  ‘RIGHT TO WORK’ LAWS ARE POISED FOR DEBATE IN SEVERAL STATES WITH INDIANA BEING THE LATEST RECIPIENT OF ANTI-LABOR LEGISLATION.

WE CONTINUE TO ALLOW THIS, AND ‘THOSE PEOPLE’ ARE WONDERING WHY WE AREN’T GRATEFUL IN THE LABOR FORCE.  WHO REIGNS AS MORE STUPID?

THERE’S AN OPPORTUNITY HERE FOR THE RIGHT PEOPLE WILLING TO LOOK FOR THAT OPPORTUNITY, WHATEVER IT MIGHT BE.  AN OPPORTUNITY TO ELEVATE FROM WHERE WE SIT.

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SUCCESSFUL CEO AVAILABLE

NON-REVENUE PRODUCING PERSONNEL COSTS MANY CORPORATIONS LOTS OF PREMIUM PAYROLL DOLLARS.  IT IS NOT NECESSARY.

I HAVE NO BACKGROUND AS A NON-REVENUE PRODUCING EMPLOYEE.  SO, I WRITE WITH BIAS, AND PREJUDICE AS A SUCCESSFUL REVENUE PRODUCING SALES PERSON.

WHY ARE THERE TOO LITTLE PAYROLL DOLLARS AVAILABLE FOR THE PRODUCERS THAN, THOSE NOT PRODUCING A DIME FOR THE CORPORATION?

THAT QUESTION IS EASY TO ANSWER.  WE HAVE FALLEN IN TO A BAD HABIT.  THIS IS THE WAY IT’S DONE.  THAT’S THE ANSWER; IT’S HOW IT’S DONE.

THERE IS STRUCTURE, A HIERARCHY.  THIS IS PART OF THE PROBLEM.  WITH RESPECT TO CORPORATIONS, MANY TIMES IT IS THE CEO AT THE TOP OF THE HIERARCHY.  THE REVENUE PRODUCERS FALL TOWARD THE BOTTOM.

HERE’S WHAT I WOULD ATTEMPT AS A CEO. 

TURN THAT HIERARCHY MAP 180° AS A GESTURE OF RESPECT FOR THOSE MAKING MY WORLD POSSIBLE.

AS CEO, I PUSH UP NOT, DOWN.

CUT MY RIDICULOUS SALARY TO SOMETHING MORE REASONABLE.  I’LL BET I’LL MANAGE OR, AM I REALLY THAT GREEDY?  IF I’M THAT GREEDY, I NEED A CHARACTER CHECK-UP KNOWING SOME OF MY EMPLOYEES ARE MAKING A DECISION BETWEEN UTILITIES, AND FOOD.

IF I’M GOING TO GET A CONTRACT THAT ALLOWS ME SEVERANCE UPON DISMISSAL FOR A POOR JOB SO, IS EVERYONE ELSE.  THEREFORE, MY CONTRACT WILL BE RE-WRITTEN TO EXCLUDE ANYTHING LIKE THAT, AND NOBODY ELSE WOULD BE REWARDED FOR POOR PERFORMANCE.

ASSESS THE NECESSITY FOR EACH NON REVENUE PRODUCING POSITION, AND THE RELATIVE WORTH TO THE COMPANY.  THE COURAGE TO ACT ON MY FINDINGS.

CONSTRUCT A REVENUE PRODUCING ENTITY WITHIN REACH OF ALL CORPORATE PERSONNEL TO PARTICIPATE.  ALL WILL BECOME MUCH MORE THAN VAGUELY FAMILIAR WITH HOW THE CORPORATION DERIVES ITS’ REVENUE SO, EVERYONE CAN BE PAID FOR THEIR WORK.

REVIEW PAYROLL STRUCTURE SO A PROPER PERCENTAGE OF PAYROLL IS DEVOTED TO THOSE BRINGING IN THE MOST REVENUE.

ALLOW LOCAL MANAGERS TO MANAGE.  IT IS WHY THEY WERE HIRED.  MICRO-MANAGING FROM THE TOP, AT A CORPORATE LEVEL FOR A NUMBER OF LOCALES IS SO, VERY TYPICAL.  NO WONDER THE COMPANY IS, PRECISELY THAT; TYPICAL.

TIME TO BECOME INNOVATIVE; THE NEW STANDARD.  THE NEW, SUCCESSFUL EXAMPLE.

NOBODY IS PRODUCTIVE JUST LIKE THE NEXT PERSON.  EVERYBODY IS DIFFERENT.  NO ONE IS BETTER THAN A LOCAL MANAGER TO MANAGE THOSE DIFFERENT PRODUCERS.

CUT CORPORATE TRAVEL DOWN TO A MINIMUM.  IT IS NOT NECESSARY FOR CORPORATE PERSONNEL TO TRAVEL TO LOCATIONS ONLY TO FIND A BROKEN SHOE LACE THE MANAGER WAS PROBABLY FIXING, ANYWAY.

DRIVE THE NUMBERS.  AFTER ALL, THE NUMBERS MOVE US FORWARD.  NOT TO BE DONE IN THE TRADITIONAL SENSE.  DRIVING NUMBERS ALSO DRIVES PEOPLE CRAZY.  THEY TEND TO BE LESS PRODUCTIVE SWEATING OUT THE NUMBERS.

SALES PERSONNEL GIVEN HIGH NUMBERS TO ACHIEVE BEGIN WITH PRESSURE TO ACHIEVE THAT NUMBER AS IF NOTHING LESS WILL DO.  THEY BEGIN FOCUSED ON ACHIEVING ALL 10 BEFORE THEY REACH THE 1ST.  10 IS NOT 10.  IT IS THE LAST OF 10 SINGLE SALES.

SET A GOAL YOU DON’T REACH, AND YOU ARE CRUSHED WITH PRESSURE ALONG THE WAY.  SET A GOAL, REACH IT, AND SPEND THE REMAINING TIME EASING OFF, KNOWING YOUR GOAL HAS BEEN ACHIEVED.  DID THE GOAL JUST BECOME A LIMIT, A LEVEL OF RESISTANCE?  NO, THANKS.

FORGET THE NUMBERS.  THAT’S MY JOB AS CEO.  AS SALES PERSONNEL, FOCUS ON THE NEXT SALE.  JUST ONE.  COMPLETE ONE SALE, AND REPEAT THE PROCESS.  SOME DAYS, THE FIRST MIGHT BE THE ONLY ONE BUT, ON OTHERS IT WILL BE THE FIRST OF MANY.

EXPRESS DISDAIN FOR ‘EMPLOYMENT AT WILL.’  NOBODY DISMISSED ON A WHIM.  EMPLOYMENT AT WILL WAS A PRODUCT OF A SLAVE OWNER, AND I WILL NOT BE BE ASSOCIATED WITH IT.

ENJOY YOUR TIME AT WORK.  EVERYBODY, ENJOY!  IF I OFFER TIME OFF, TAKE IT.  I OFFERED, DIDN’T I?

ANYBODY LOOKING FOR A SUCCESSFUL  CEO?  I’M AVAILABLE.

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EMPLOYMENT ETHICS

English: Pyramid of ethics

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When I am at work, it is my responsibility to be the best employee possible.  I have agreed to do a job, and do it as well as I can in trade for a wage.  That is my work ethic.

On the other hand we have employers without ethics.  So much so, they hide behind laws that give them a right to be irresponsible, and terminate workers just because they can.  They don’t need reasons only because a law protects them from being an ethical employer.


If I was to become an employer, I would become responsible to each employee I choose to hire, and not hide behind a cloak of law giving me permission to be irresponsible.

In choosing employees, I would have an unwritten contract of ethics with each one.  I would not terminate an employee just because, hmmmm…I just feel like it.


I would be an excellent employer so, even if I set up shop in a state that had these anti-labor laws disguised as Right To Work, I would never have to hide behind that cloak.  Only a poor employer without ethics needs such a law.

I would carefully describe all tasks that I would expect from a new employee without throwing an ‘……and anything I might think of later’ in to a contract because I’m not even sure what I missed in the description.  After all, an employee enlists in the work force to perform certain tasks for a prescribed rate of pay. 

Some employers proudly give credence to this law in employee handbooks.  It is like saying, ‘welcome to the club but, if I’ve had a bad day, I can reconcile that by, firing you.’ Kind of makes you feel warm, and loyal all over.

I will not mention names but, a federally granted junior college seems to be quite proud of the declaration to its’ employees in their employee handbook proclaiming they can fire you for no reason at all.

As an employer, I would expect loyal employees, and why shouldn’t employees expect a loyal employer in return?  Many have families with children, and I have a contract with them, too!  I have taken a bread winner in that family to my table, and they are hopefully not looking to feast at another table.

Being a responsible employer goes even beyond the employee, and their family.  It’s a responsibility to the community.  Making sure I have made decisions toward employees that keep them functioning within the community, without becoming a burden on the community.

Just as becoming an employee has its’ responsibilities toward an employer,  a good, ethical employer has a responsibility to their employees.

Employers seem to be rightfully concerned with their employees’ work ethics but, often not so much with their own, at least in this context.

What might happen to the economy if, all of us, employers, and employees would be volunteers of  responsibility with the same set of rules?

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Posted by on December 6, 2011 in Business

 

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WHAT MIDDLE CLASS?

Why is the middle class dissolving at a rapid pace?  I have touched upon it, before,  and there is no one reason. 

I am not a college grad, though I’ve taken some college courses.  It doesn’t take a college education to understand the reasons why, the class I once was a part of is dissolving.  Growing up under the protective wing of middle class parental support I thought nothing of losing this class status.

I was taught the basics.  Go out, secure employment, work hard, save some money, and maybe, just like my father before me, I could have a brand new car, once in my life.  He was part of a strong ‘middle class’ that had already seen its’ finest day.

Greed is now a large part of many large corporations.  Greed has been woven in to the fabric of the United States corporate community.  Whatever the profit, it’s not enough.  Getting profit from wherever, and by whatever means possible is the goal even, if it means paying workers less to achieve it.

Large corporations counting the profit dollars for the most part, do it the easy way.  It makes those running the company look good with little effort.  They employ to get the job done, and that’s where much profit is made.

Shamefully the U.S.A. has to put a minimum wage in front of employers as they are not fair about wages paid.  However, the government tells them at the same time, not to worry as the minimum they will have to pay is a mere pittance.

We dare to say that someone working in the fast food industry or, in retail is not worth as much as a Construction Worker.  Or the Receptionist as more than a Car Mechanic. The Insurance Agent, and the list is endless.  We never put ourselves in the place of someone else.  Instead we have judged one worker over another.  Put a value on their job based on what appears to be simplicity.  It takes all kinds to make simplicity of one job or, another.  Some might be surprised if they actually had to do a job other than their own.

Fast food is many times fast paced, and difficult to varying degrees.  Many skills must be utilized.  Try the sales floor for a greedy retailer, pushing one product over another, and combinations of products.  Sales goals needing to be reached regardless of customer base at the risk of losing a job.  Construction Work can be back breaking, and must be accomplished within a time frame.

We have slapped value on to one job over another by, innuendo and habit.  We have allowed it to be the unwritten rule for our entire society.  Who has popularized, and other wise perpetuated this innuendo, and habit?  Those at the top will be first in line letting you know a specific job is only worth, ‘so much.’ 

Some of the highly compensated would have a difficult time on the front line, and would never be compensated at such a ridiculously low wage.

What do they really mean?  The job is only worth so much, before it threatens their corporate profit, and in turn reflects upon their job performance.  They want you to believe if they paid an employee properly, the company would cease to exist.  That’s the common belief but, that’s not what they actually mean.   If anything, continue the propaganda taking any focus from how salaries at the top, blown out of proportion truly wreak havoc with corporate economics.

The current minimum wage rests somewhere around a laughable $7/hr.  Really?  Could you live in this economy on a full time job paying that amount?

Now I’m in charge.  What do I do?  First, I take a more realistic salary for my time as does everyone around me.  Some of the salaries paid those in charge are five times, and more in one week than, your salary per year.  I can be quite comfortable receiving much less than that as it is crazy to choke off corporate profit beginning with my salary.  My job is the company’s success.

Now I’m in charge of putting greed in check.  Unfortunately, those at the top want comfort but, not just comfort.  They want extreme comfort that most could never imagine, and they will take it at the expense of everybody else.

What should the government do?  I’d rather they did nothing but, since corporate America is not able to fairly govern itself in this context, it would be necessary for the government to immediately create some new structure.

A new minimum wage of $12/hr.  Price caps for two years, and dissolving corporate federal taxes on payroll.  Instead, a new tax on corporate unemployment.  Reducing payroll to circumvent this program will result in a direct tax on corporate dollars reduced in payroll, and another tax directed at the number of employees reduced.  Finally, issuing tax credits to those corporations without any claims for unemployment.

Now we may find a company profiting arbitrarily at a third or more, less than before but, that may not necessarily be true as more will be a greater participating base in the overall economy.

Under these circumstances we will now know the true worth of a company, and not how much they are worth only because all efforts to greed have been fulfilled.  Now we have more active participants in a realistic economy.

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Posted by on November 18, 2011 in Business, Corporations, Uncategorized

 

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GRATEFUL FOR UNGRATEFUL AMERICAN ELITISTS

Chances are good you know some American elitists, and chances are we helped to cultivate their elitism.  We assisted their financial wealth as they are placed upon a pedestal to be gazed at with envy by, all.

This society allows for some of them to be failures in their chosen income producing areas.  Sometimes a laughing stock but, handsomely rewarded for failing.  We laugh it off, and let it go. 

We are many times on a highly articulated level of respect when addressing them though that is not what we necessarily expect in return.  Some of us are grateful they addressed us at all because, their days are crowded with important activity.  By comparison, any activity we may have is minimal, and secondary.   Do we need to think any less of ourselves?

Search your sub-conscience, be honest, and answer rhetorically.  Haven’t I described our individual relationships with most corporate magnates?  Haven’t we assisted their egos to great, sometimes highly unjustified proportions?

They usually continue at the helm of a company quite comfortably immersed in a benefit package, and salary allowing for comfort sometimes, extreme comfort while some of their employees survive on paycheck loans to pay the rent.  

Well, here’s a premise.  If they are running the company like that, does it not stand to reason that just maybe they are quite inefficient at what they do? 

Efficiency minimally means running the company where all work is covered efficiently with everyone doing their job, and as a reward each gets out financially solvent. That’s running successfully. 

We have since allowed for less at the bottom to facilitate the top, which is why the middle class is being dissolved.  There was a time when, the entire middle class could enjoy a reasonable, even enjoyable existence.

We have been fed data, and dialogue giving credence to businesses earning too little by, today’s standards.  I question today’s standards.  What if, the so-called standard is presumed at the expense of today’s American worker?  Ironically, never at the expense of the ‘top.’

Common paths of dialogue showcase American workers having priced themselves out of the market place.  That propaganda was put forth not just to maintain but, establish new levels of profit for business.

Business is actually doing just fine.  It could even do a little less, and do just fine.

It is time to get back, get back to where we all belong!  At the very core is just how important you are to the entire picture because,  without you individually, and collectively; There isn’t! 

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Posted by on November 16, 2011 in Business, Corporations

 

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OCCUPY WALL STREET MUST MOVE FORWARD

Okay, point taken.  This country’s governing bodies must get a divorce from ultra-financial backing who, in turn have a stronghold on this country’s law making.

In order for the United States to once again become a true beacon of freedom, its’ government must be responsive to the entire population.

Occupy has served its’ purpose in this current phase.  You can no longer be effective just occupying.  The effectiveness of occupying has been brought to maturity.  That is all it will ever be, is an occupation.  You can occupy, and occupy.  Nothing accomplished.

Leadership must now be established.  A plan for non-violent action must be accomplished.  Organization.  Join with society, and present an alternative to the bought, and paid for candidates to the electorate.

You lose me if, your cry is merely for a redistribution of earned wealth that belongs to someone else.  Conscience!

I do believe however, more pathways ought to be opened for all to pursue.  Some have made some horrendous mistakes, some had no idea.  Some had medical bills.  There are reasons.they have no money and/or credit.

Perhaps the most lucrative of ideas need to be given a new beginning.  Perhaps this country should be looking at how we can take someone from the doldrums of bankruptcy to stardom beginning with their idea.

Instead of finding a way to re-distribute wealth just because, and for no other reason than we should all share, we should be looking at those willing to sacrifice, and make their own efforts for their own wealth.  We might look at those over burdened with financial panic, attempt to give them an avenue to travel, and make it all on their own.

Maybe there are some feeling no chance as their financial future is only painted with their financial past.  That’s how they die.

Maybe we should help finance the bottom so, they could bring themselves up, possibly to the top.  Maybe we need to give a good assist to the people with scruples who, have since fallen to a low point where financiers allow them no return.  For a lifetime.

You cannot help by,  just occupying somewhere.  It takes leadership, an active, organized group.

It’s easy to credit those already well endowed with cash, and credit but what if, we took a few ideas from the bottom, and brought them to the top?

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Posted by on November 15, 2011 in Business, Occupy Wall Street, Uncategorized

 

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CONGRESS BLATANTLY ON THE WRONG SIDE OF HONESTY

You wonder why, the Occupy Wall Streeters are there, and why it has spread across our country as well as other countries.  Could it be more, and more are waking up to the impedance government places at everyone’s doorstep but, their own?

60 Minutes has once again stepped up to the front to point it out.  Last night, the program, knowing no bounds of party lines questioned the eagerness of people like Nancy Pelosi, and John Boehner running for the coveted position as a member of CONgress.  How do they take a job that pays better than many yet, less than some, and become filthy rich?

I suppose writing a book might not be too bad to help pay the bills but, 60 Minutes was speaking of becoming born in to a whole, new income class beyond wildest expectations.

Information is key.  Non-public information.  Your CONgress works on public law in private to some degree.  As they argue over one thing, and another to hammer it all out, they are first to know in which direction a law may be headed.  Before there are any votes, they get the inner workings of a bill, and how it may affect any associated business sectors.

There’s the twist.  They are more fully aware of those factors before the general population, and free to utilize their pocket books accordingly.  They exercise some major coin for unspeakable dollars in private deals as well as the open markets, and they do it with inside information.

Don’t tell me, Jack Abramoff is actually a most trusted member of CONgress?

Nobody was very shy on the 60 Minutes report, last night.  It is legal, and it’s done.

A self regulating bill was prepared to circumvent these circumstances of dishonesty.  Well, it was prepared. 

When 60 Minutes brought it to the attention of some random members of CONgress, some smirked, gave a half-laugh, and otherwise never heard of it.  All had one thing in common with an attitude of, unimportant.

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Posted by on November 14, 2011 in Business, CONgress, Occupy Wall Street, Uncategorized

 

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SMARTEST LISTED OF THE SMART ON WALL STREET

A retail store with a mufti-line.  Lots of things for lots of people, and helpful personnel populate the work force from the top, down.

No under selling.  I’m informed going out, and reminded of things I need before I leave.  I’m given those helpful reminders sometimes when, I’ve needed something I’ve either forgotten and/or, related to what I’ve purchased. 

No overselling.  Once I’ve said, ‘no,’ nothing else said, and I’m given a smile, and thank you on the way out.  Great store. 

I come back because, it’s easy.  Sometimes, I buy more than planned because I learned about new things, and new products from the people there, based on a core purchase.  Sometimes it’s less for the very same reasons.

The number one commandment from the top, for this store is; ‘Be there for the customer!’  I shop here more often than, anywhere.

Seems as though the company has their people well trained in that one commandment, and they are people who have been with the company for a long time.  It’s why I return to buy a little margin one day, and lots of margin the next time. Yes, sometimes I spend a little more with them than, across the street.  Sometimes the same or, less.  No more driving. and fighting for a parking place.

When I go in there, the focus is really on me, what I want, and need without pressure on one product or, another, whether I need it or, not.  My word, reigns above all else, and all I need to say is, ‘thank you for reminding me.’

There are companies like this listed on Wall Street, and usually they’ve been there a long, long time as a decent, steady investment.

Could it be, top management really means this commandment?  Could it be, top management doesn’t pressure, and threaten their personnel over margin, and product?   That’s why I can’t stop planting my dollars in their economy?  Why it makes one smart investment!


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Posted by on November 11, 2011 in Business, Stock Market, Uncategorized

 

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STUPIDS CAN LIST THEIR COMPANIES ON WALL STREET

If management can’t manage, the entire business structure falls from the top.  In stock owned companies, that is a double death these days as the market can fluctuate down on a whim. 

What companies suffer a double death?  Retail is one of several sectors.  Scenario:  A company director is asked to secure a line of product or, service, and does so.  Now, it gets to second in command who proclaims it a success before it gets to the shelf.  The Vice-President makes an empty promise to his seniors, and his reputation is bound.

This same Vice-President is a graduate from the school of supercilious motivation, and prepares to introduce it to those on the front linesHe realizes the sales goals he’s given senior management, and issues a warning; ‘You better push these hard because, if not ‘there will be consequences.’  Really not caring what the customers need or, may want he threatens the livelihood of most of the other members of the staff to cover up his own stupid.  Provides a canvas for complaints by, customers who are roped in to the demands from the top.  Bottom line to those employees doing the interchange with customers, ‘You’ll make me look good or, you won’t be here to further be motivated by, me.  I’m the V.P., I don’t have to motivate anybody.’

Selling is the result of positive motivation, and if you’re the V.P. I’m putting my investment in another more stable company where they have better sales.  If they have better sales, they needn’t browbeat their people.  If that’s so, they have better sales.  Indeed, that loop will continue as long as the loop isn’t broken.  Further, you browbeat them with one product for your reputation, at the expense of the rest of the products available.

The V.P. begins replacing employees through a common revolving door.  The same V.P. doesn’t look at the cost of bringing in, and training new personnel from the beginning.  Now his vision has become like a tunnel with great focus on only one thing. 

Numbers are much the same but, the V.P. exerted some muscle, and shook up the troops.  Some of the new will succeed, some will fail.  The process begins again, until that reputation is secure but, the reputation is not really secured.  It’s just forgotten by, friends at the top in the building.  Move on.

Time, and money continues, and the reputation is not really repaired but, now there are new people to try it, again.  Maybe.  And, again at the expense of much time, and money.

The entire time has been wasted focusing on retaining a reputation on a promise to senior management who, headed by, the No. 1 person, made a demand in the first place for that unrealistic promise. 

The C.E.O. is at the top of day-to-day operations, and she is a problem possibly more than the V.P.  She was at the helm, commanding the promise.  She is the final responsibility for this mishap but, only those far below will suffer consequences.  Pay no mind.

In the end, the product remains in the line with some major emphasis but, not with the initial push at its’ introductory.   The sales are okay but, could always be better.

Wonder if all of that accomplished, could have been done sooner, without sacrificing time, experience, and money, accompanied by, the reputation as a poor employer?  The stupid turns out to be ‘owned’ by, all at the top.  Didn’t you, the senior management who should know, really know?

 If there is a bewildered senior management, stockholders can expect little to nothing until the company has changed from the top.  The attitude from the top filters to the bottom but, really, pay no mind.  It’s only destruction from the top.

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Posted by on November 11, 2011 in Business, Stock Market, Uncategorized

 

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