xBullx -> RE: Screw the auto companies (11/30/2008 9:09:43 AM)
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-fast reply- I myself am rather fed up with the American (and Western) aristocracy and it's ever growing degree of incompetence. Our corporations in the west are no longer managed and operated by those men that built them and understood the internal functions of their particular industry. CEO's are now more concerned with pie charts, bar graphs and then getting off to their 2:15 tee time; many have inherited their positions via an increasingly more dysfunctional system. Turning the wrench, welding the bead, quartering the ham or in essence, simply understanding the real workings of the companies they pretend to manage is no longer the requirement. Understand this isn't a slam against education, I firmly believe if you want to be at the top you need to cover all these bases, education and practical experience. It is a delusional contention to consider that simply acquiring an MBA qualifies someone as corporate material. To be a real leader you have to be, know and do; and that is in all aspects of the job. So in the end I would say competence and vision are what seem to be lacking. Instead of American industry trying to find innovation and advancement for capturing comsumer passion they have regressed to simply trying to manipulate our desires through media messaging. Social arrogence and excessive greed along with an unmatched degree of self importance has driven nearly every major corporation into oblivion. But we are no less to blame as common citizens. We elect the self righteous politicians that allow monopolies to acquire more and more of the competition that keeps industry motivated and honest. We are held hostage by a system that we as citizens allow to run amuck. Capitalism isn't a free-free market, everything needs rules to establish equal footing for competition. Maybe our referees of business need a better instant replay system. Perhaps we need to evaluate referee job performance.
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