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Strategies & Market Trends : Tang's school of business management for serious investors
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To: Arthur Tang who wrote (1)2/25/2002 8:40:36 AM
From: Doug Coughlan1 Recommendation   of 57
 
The tribal wisdom of the Dakota Indians, passed on from
generation to generation, says that when you discover that you
are riding a dead horse, the best strategy is to dismount.
Modern organizations (education, government, military, etc.)
often employ a whole range of far more advanced strategies,
such as
* Buying a stronger whip.
* Changing riders.
* Threatening the horse with termination.
* Appointing a committee to study the horse.
* Arranging to visit other countries to see how others ride
dead horses.
* Lowering the standards so that dead horses can be included.
* Re-classifying the dead horse as "living, impaired".
* Hiring outside contractors to ride the dead horse.
* Harnessing several dead horses together to increase the
speed.
* Providing additional funding and/or training to increase the
dead horse's performance.
* Doing a productivity study to see if lighter riders would
improve the dead horse's performance.
* Declaring that as the dead horse does not have to be fed, it
is less costly, carries lower overhead, and therefore
contributes substantially more to the bottom line of the
economy than do some other horses.
* Re-writing the expected performance requirements for all
horses.
* Promoting the dead horse to a management position.
* Changing the name of the computer (oops, horse)
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