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Pastimes : Ask Mohan about the Market

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To: studdog who wrote (8014)	11/15/1997 2:28:00 PM
From: Jack Clarke	Read Replies (1) of 18056

Karl: You have received excellent input from knowledgeable people, so I don't hope to add much since I am not a pro and not a number cruncher. But FWIW, I think one problem in your model may be the concept of "growing productivity". When I went shopping with my son recently at a large computer store, we were behind twelve people in line at the only cash register (out of 7 lanes) which was attended. My son asked me what was going on, and I answered, "PRODUCTIVITY." My point is we may have gone as far as we can go. How much further can productivity be "tweaked"? Everything has its limits before quality suffers enough to cause a turnaround. Mergers, answering machines, personnel cuts are all great for the bottom line, but didn't it make you a little leary when a major airline said it was cutting maintenance costs by 30%? I won't mention what is going on in my own profession (medicine) -- thats a story for a different thread. Jack

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