[rescue] Cluesticks (was Mounting and Dumping)
Charles Shannon Hendrix
shannon at widomaker.com
Mon Jan 19 12:14:24 CST 2004
Sat, 17 Jan 2004 @ 11:12 +0000, Mike Meredith said:
> On Fri, 16 Jan 2004 17:55:38 -0500, Dave McGuire wrote:
> > On Jan 16, 2004, at 5:36 PM, Phil Stracchino wrote:
> > >> I firmly believe it's not the low current prices, but the high
> > >> executive compensation that is to blame here.
> I'm not sure high executive compensation makes a great deal of
> difference to the bottom line ... however ...
I've read studies that show in some products we buy executive
compensation is a large fraction of the cost.
Quite a few consumer products in your local Wal-Mart are almost 90%
executitive compensation, advertising, and other overhead.
Corporations are horribly inefficient, only slightly more efficient than
a government, which they resemble more than they differ from.
I mean think about it... how much can it really cost to make the same
watered down amonia in different colors?
The costs are *not* in the production.
> his hand in. He once said his main purpose as a manager was to stop
> other managers wasting our time.
There are good managers, but the fact that I have to sit and think, for
a long time, to list the ones I liked means that there aren't that
Of course, I could just be a mean SOB, but I don't think I'm that bad as
long as I get enough sleep... :)
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