RRSPORT.CO.UK

    Forum   Gallery   Shop   Sponsors
Home > Off Topic > A Modern Parable
Post Reply  Down to end
Page 1 of 1
 
Jimmy_75000



Member Since: 06 Oct 2006
Location: London, UK
Posts: 1146

France 2010 Range Rover Sport 3.0 TDV6 HSE Stornoway Grey
A Modern Parable

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 executives
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 andbonuses. 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... Range Rover Vogue ‘17 TDV6

Gone: Range Rover Vogue '11 4.4TDV8, Range Rover Sport ‘59, Range Rover Sport ‘56

Post #199055 Wed Dec 10 2008 9:47am
View user's profile Send private message View poster's gallery Post Reply
Post Reply  Back to top
Page 1 of 1
All times are GMT

Jump to  
Previous Topic | Next Topic >
Posting Rules
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



Site Copyright © 2005-2024 Futuranet Ltd & Martin Lewis
RRSPORT.CO.UK RSS Feed - All Forums

Switch to Mobile site