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Posted by on December 19, 2008, 11:15 am
A Japanese company (Toyota) and an American company (Ford 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 7 people steering and 2 people
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, 2 area steering
superintendents and 1 assistant superintendent steering manager.
They also implemented a new performance system that would give the 2
people 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 rowers. 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 rower, halted
development of a new canoe, sold all the paddles, and canceled 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 rower 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: 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 profits while Ford racked up 9 billion in
losses.
Ford folks are still scratching their heads, and collecting bonuses...
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY
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Posted by The King on December 19, 2008, 1:11 pm
On Fri, 19 Dec 2008 11:15:51 -0500, .p.jm@see_my_sig_for_address.com
wrote:
snip
>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
GM brought them here 24 years ago.
>inside the US. The last quarter's results:
>TOYOTA makes 4 billion in profits while Ford racked up 9 billion in
>losses.
Toyota said it now expects net profits of 550 billion, or $5.5
billion, for the current fiscal year ending March 31, 2009, down 56
percent from its earlier forecast of 1.25 trillion. That would be the
company's lowest profit in nine years, and about a third of the 1.72
trillion net that it earned last year.
On Thursday, Toyota reported an operating loss of 34.6 billion in
North America in the six months through September, when its sales
there dropped 20 percent. That was more than enough to offset gains in
Asia, where operating profit rose 17 percent to 137.2 billion, the
company said.
Published: November 6, 2008
>Ford folks are still scratching their heads, and collecting bonuses...
Isn't Ford in the best shape out of the big three? Toyota lost 34.6
billion in its North American operations in six months. GM lost 3.25
billion in three.
>IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY
Crazy, isn't it.
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>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